Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Sees Large Drop in Short Interest

Daiwa Securities Group Inc. (OTCMKTS:DSEEYGet Free Report) was the target of a large decrease in short interest in the month of 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. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 27,640 shares, the short-interest ratio is presently 0.3 days.

Daiwa Securities Group Stock Performance

Shares of OTCMKTS DSEEY traded up $0.31 during trading hours on Wednesday, hitting $9.14. 512 shares of the stock were exchanged, compared to its average volume of 18,547. The company has a debt-to-equity ratio of 1.44, a current ratio of 1.10 and a quick ratio of 1.10. The company’s 50 day moving average is $9.67 and its 200 day moving average is $9.15. The firm has a market capitalization of $12.93 billion, a P/E ratio of 11.01 and a beta of 0.54. Daiwa Securities Group has a one year low of $6.16 and a one year high of $11.24.

Daiwa Securities Group (OTCMKTS:DSEEYGet Free Report) last issued its quarterly earnings results on Monday, April 27th. The financial services provider reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. Daiwa Securities Group had a net margin of 11.91% and a return on equity of 7.36%. The firm had revenue of $2.46 billion during the quarter, compared to the consensus estimate of $1.05 billion.

Daiwa Securities Group Company Profile

(Get Free Report)

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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