Short Interest in Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) Expands By 54.5%

Key Points

• Short interest in Daito Trust Construction Co., Ltd. increased by 54.5% in July, rising from 1,100 shares to 1,700 shares.
• The short-interest ratio currently stands at 0.3 days, based on an average trading volume of 6,300 shares.
• Daito Trust Construction's stock is trading at $27.44, with a 1-year price range between $24.42 and $32.80.

Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY - Get Free Report) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,700 shares, anincreaseof54.5% from the June 30th total of 1,100 shares. Based on an average daily trading volume, of 6,300 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 6,300 shares, the days-to-cover ratio is presently 0.3 days.

Daito Trust Construction Price Performance

Shares of DIFTY stock traded up $0.15 during trading hours on Monday, hitting $28.16. 1,721 shares of the company's stock were exchanged, compared to its average volume of 7,120. Daito Trust Construction has a 52 week low of $24.42 and a 52 week high of $32.80. The stock's 50-day moving average is $26.83 and its 200-day moving average is $26.69.

About Daito Trust Construction

Daito Trust Construction Co,Ltd. designs, constructs, and rents apartments and condominiums in Japan. It operates through three segments: Construction, Real Estate, and Finance. The company design and construct rental housing and other structure construction; ironwork and construction; building management and renovation, and whole building leasing; rental housing tenant guarantor services; advertising; and LP gas supply businesses.