Short Interest in Dai Nippon Printing Co. (OTCMKTS:DNPLY) Drops By 33.5%

Dai Nippon Printing Co. (OTCMKTS:DNPLY) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 3,021 shares, a drop of 33.5% from the July 30th total of 4,540 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 6,916 shares, the days-to-cover ratio is currently 0.4 days.

Dai Nippon Printing Stock Performance

Shares of OTCMKTS:DNPLY opened at $9.17 on Wednesday. The company has a current ratio of 2.26, a quick ratio of 1.82 and a debt-to-equity ratio of 0.18. Dai Nippon Printing has a 1-year low of $7.66 and a 1-year high of $10.66. The stock has a market capitalization of $8.06 billion, a P/E ratio of 14.79 and a beta of 0.49. The business has a 50-day moving average price of $9.60 and a two-hundred day moving average price of $9.36.

Dai Nippon Printing (OTCMKTS:DNPLY) last issued its earnings results on Friday, August 7th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.02. The company had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.33 billion. Dai Nippon Printing had a net margin of 5.39% and a return on equity of 6.50%.

Dai Nippon Printing Company Profile

Dai Nippon Printing Co, Ltd. (OTCMKTS: DNPLY), commonly known as DNP, is one of Japan’s largest comprehensive printing companies. Established in 1876 and headquartered in Tokyo, the company has built a legacy in traditional and digital printing, offering a broad spectrum of paper-based and value-added services. Over its long history, DNP has evolved from newspaper and book printing to becoming a diversified provider of information, communication and functional materials.

DNP’s business is organized into several key segments.