Short Interest in Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Decreases By 17.6%

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report) was the target of a significant drop in short interest in the month of March. As of March 31st, there was short interest totalling 1,400 shares, a drop of 17.6% from the March 15th total of 1,700 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is presently 0.4 days.

Daiwa Securities Group Stock Performance

Shares of DSEEY stock traded down $0.13 during trading on Friday, hitting $7.36. 262 shares of the company were exchanged, compared to its average volume of 1,412. The firm has a market capitalization of $11.55 billion, a price-to-earnings ratio of 15.33 and a beta of 0.61. The business's 50-day simple moving average is $7.34 and its 200 day simple moving average is $6.74. Daiwa Securities Group has a twelve month low of $4.40 and a twelve month high of $8.13.

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) last posted its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $0.12 EPS for the quarter. The business had revenue of $2.27 billion during the quarter. Daiwa Securities Group had a net margin of 8.21% and a return on equity of 5.62%.

About Daiwa Securities Group

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.