Daikin Industries (OTCMKTS:DKILY) Short Interest Down 35.6% in April

Daikin Industries (OTCMKTS:DKILY) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 171,178 shares, a drop of 35.6% from the April 15th total of 265,880 shares. Based on an average trading volume of 787,741 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Daikin Industries Stock Performance

Shares of DKILY stock opened at $15.25 on Tuesday. The company’s fifty day simple moving average is $13.25 and its 200-day simple moving average is $12.78. Daikin Industries has a 52 week low of $10.66 and a 52 week high of $16.43. The company has a current ratio of 1.95, a quick ratio of 1.23 and a debt-to-equity ratio of 0.14. The company has a market cap of $44.70 billion, a PE ratio of 24.60, a P/E/G ratio of 1.76 and a beta of 0.96.

Daikin Industries (OTCMKTS:DKILY) last issued its earnings results on Tuesday, May 12th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. Daikin Industries had a net margin of 5.51% and a return on equity of 9.10%. The business had revenue of $8.56 billion for the quarter, compared to the consensus estimate of $7.82 billion. As a group, equities research analysts anticipate that Daikin Industries will post 0.65 EPS for the current year.

About Daikin Industries

Daikin Industries is a Japanese multinational manufacturer best known for its heating, ventilation and air conditioning (HVAC) systems and related products. Headquartered in Osaka, the company designs, manufactures and sells a broad range of climate-control equipment for residential, commercial and industrial applications. Its portfolio spans wall‑mounted and packaged air conditioners, rooftop units, chillers, heat pumps, compressors, air purifiers and controls, as well as associated spare parts and aftermarket services.

In addition to finished HVAC systems, Daikin produces refrigerants and fluorochemical products used across the cooling industry, and it develops compressors and heat-exchange technologies that underpin its product lines.