Short Interest in Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Rises By 69.8%

Key Points

• Daiwa Securities Group Inc. reported a **69.8% increase** in short interest in July, rising to **18,000 shares** as of July 31st.
• The company's most recent earnings report showed an **EPS of $0.14**, which exceeded the consensus estimate by **$0.01**, along with a revenue of **$2.20 billion**.
• Daiwa's stock price reached **$7.80**, with a **market capitalization** of **$10.96 billion** and a **P/E ratio of 10.40**.

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 18,000 shares, agrowthof69.8% from the July 15th total of 10,600 shares. Currently,0.0% of the shares of the stock are short sold. Based on an average daily volume of 3,800 shares, the short-interest ratio is currently 4.7 days. Based on an average daily volume of 3,800 shares, the short-interest ratio is currently 4.7 days. Currently,0.0% of the shares of the stock are short sold.

Daiwa Securities Group Price Performance

Shares of DSEEY stock traded up $0.23 on Friday, reaching $8.01. 2,290 shares of the company were exchanged, compared to its average volume of 4,469. The company has a market cap of $11.25 billion, a price-to-earnings ratio of 10.68 and a beta of 0.51. The business has a 50-day moving average price of $7.19 and a 200 day moving average price of $6.87. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.12 and a current ratio of 1.12. Daiwa Securities Group has a 1 year low of $5.52 and a 1 year high of $8.01.

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) last released its earnings results on Wednesday, July 30th. The financial services provider reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.01. The business had revenue of $2.20 billion during the quarter. Daiwa Securities Group had a net margin of 11.85% and a return on equity of 8.89%.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc, together with its subsidiaries, primarily operates as a securities broker-dealer in Japan and internationally. The company operates through four segments: Retail, Wholesale, Asset Management, and Investment. The Retail segment offers products and services related to asset management, including equities, bonds, investment trusts, wrap account services, insurance, banking services, inheritance-related services, etc.