Short Interest in Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Grows By 130.4%

Key Points

• Short interest in Daiwa Securities Group Inc. increased by 130.4% in July, rising to 10,600 shares from 4,600 shares at the end of June.
• The company reported earnings of $0.14 per share for the quarter ended July 30, surpassing expectations of $0.13.
• Daiwa Securities Group's stock price is currently at $6.84, with a market capitalization of $9.61 billion and a PE ratio of 9.12.

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 10,600 shares, agrowthof130.4% from the June 30th total of 4,600 shares. Based on an average daily trading volume, of 4,400 shares, the short-interest ratio is presently 2.4 days. Based on an average daily trading volume, of 4,400 shares, the short-interest ratio is presently 2.4 days.

Daiwa Securities Group Stock Down 3.4%

Shares of Daiwa Securities Group stock opened at $6.84 on Tuesday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a market capitalization of $9.61 billion, a PE ratio of 9.12 and a beta of 0.51. Daiwa Securities Group has a 52-week low of $5.52 and a 52-week high of $7.73. The company has a 50-day simple moving average of $6.96 and a two-hundred day simple moving average of $6.79.

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) last issued its earnings results on Wednesday, July 30th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate 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.

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