Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Sees Significant Increase in Short Interest

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 83,561 shares, an increase of 722.3% from the June 15th total of 10,162 shares. Based on an average daily volume of 326,718 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Daiwa House Industry Stock Up 0.1%

OTCMKTS DWAHY traded up $0.04 on Friday, reaching $27.94. 73,169 shares of the stock traded hands, compared to its average volume of 87,730. The firm’s fifty day simple moving average is $27.80 and its 200 day simple moving average is $31.37. The company has a market cap of $18.43 billion, a price-to-earnings ratio of 7.49 and a beta of 0.30. Daiwa House Industry has a 12 month low of $25.91 and a 12 month high of $38.72.

About Daiwa House Industry

Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.

Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.