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

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 34,711 shares, a decrease of 40.5% from the September 30th total of 58,290 shares. Based on an average daily volume of 247,402 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Daiwa House Industry Trading Up 2.1%

OTCMKTS:DWAHY traded up $0.30 on Friday, reaching $14.37. 102,825 shares of the stock traded hands, compared to its average volume of 156,826. The company has a market capitalization of $18.96 billion, a price-to-earnings ratio of 7.73 and a beta of 0.35. Daiwa House Industry has a 12 month low of $12.75 and a 12 month high of $18.96. The company’s fifty day simple moving average is $24.31 and its 200 day simple moving average is $29.09.

About Daiwa House Industry

Daiwa House Industry Co, Ltd. is a Japan-based company engaged in housing, construction, and real estate development. Founded in 1955, the company initially focused on prefabricated housing and has expanded into a broad range of residential, commercial, and infrastructure-related activities.

Its businesses include the design and construction of single-family homes, rental housing, condominiums, commercial facilities, logistics centers, factories, offices, and hotels. Daiwa House also provides property management, housing and building maintenance, remodeling, and real estate development services.

Headquartered in Osaka, Japan, Daiwa House serves customers throughout Japan and has developed an international presence through residential, commercial, logistics, and real estate operations in selected overseas markets, including the United States, Australia, and parts of Asia.