Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Short Interest Update

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 239,722 shares, a growth of 1,984.0% from the April 30th total of 11,503 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 79,400 shares, the days-to-cover ratio is currently 3.0 days.

Daiwa Securities Group Stock Down 2.9%

DSEEY stock traded down $0.28 during mid-day trading on Wednesday, hitting $9.25. 36,547 shares of the company were exchanged, compared to its average volume of 33,330. 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 firm has a market cap of $13.09 billion, a P/E ratio of 11.14 and a beta of 0.49. The firm’s 50 day simple moving average is $9.51 and its 200 day simple moving average is $9.37. Daiwa Securities Group has a 1-year low of $6.48 and a 1-year high of $11.24.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted 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 $0.19 by $0.01. Daiwa Securities Group had a net margin of 11.91% and a return on equity of 7.36%. The company had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.40 billion.

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.