Short Interest in Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Drops By 45.9%

Key Points

• Short interest fell sharply by 45.9% to 7,798 shares as of April 15, resulting in a short-interest ratio of 0.3 days and effectively 0.0% of shares short.
• Quarterly results: Daiwa reported EPS of $0.20, beating estimates by $0.02, with a return on equity of 7.01% and a net margin of 10.93%.
• Shares opened at $9.50; the firm has a market capitalization of $13.44 billion, a PE ratio of 12.84, and a 52-week range of $6.16 to $11.24.

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report) was the target of a significant decrease in short interest in April. As of April 15th, there was short interest totaling 7,798 shares, a decrease of 45.9% from the March 31st total of 14,417 shares. Based on an average trading volume of 27,640 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company's stock are short sold.

Daiwa Securities Group Stock Performance

DSEEY opened at $9.50 on Monday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.10 and a current ratio of 1.10. The business's 50-day simple moving average is $9.74 and its 200 day simple moving average is $9.13. The firm has a market capitalization of $13.44 billion, a PE ratio of 12.84 and a beta of 0.54. Daiwa Securities Group has a 52-week low of $6.16 and a 52-week high of $11.24.

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) last released its quarterly earnings data on Monday, April 27th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.02. Daiwa Securities Group had a return on equity of 7.01% and a net margin of 10.93%.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc is a leading Japanese financial services firm established in 1902 and headquartered in Tokyo. Operating as a holding company, Daiwa oversees a network of subsidiaries active in securities brokerage, investment banking and asset management. With a history spanning over a century, the group has evolved to meet the changing needs of individual and institutional clients, building a reputation for comprehensive capital markets solutions.

The group's core businesses include retail brokerage, offering equity, fixed income and mutual fund products to individual investors in Japan.

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