Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) Stock Short Interest Falls 94.6%

Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY – Get Free Report) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 7,497 shares, a decrease of 94.6% from the September 30th total of 138,657 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 173,575 shares, the days-to-cover ratio is presently 0.0 days.

Daito Trust Construction Stock Down 0.2%

DIFTY traded down $0.01 on Monday, reaching $5.24. 118,565 shares of the company traded hands, compared to its average volume of 134,271. The stock’s 50 day moving average price is $5.17 and its 200-day moving average price is $5.16. Daito Trust Construction has a 52-week low of $4.41 and a 52-week high of $6.17. The company has a market cap of $7.22 billion, a price-to-earnings ratio of 10.48 and a beta of 0.32. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.74 and a quick ratio of 2.74.

Daito Trust Construction (OTCMKTS:DIFTY – Get Free Report) last released its earnings results on Friday, July 31st. The company reported $0.13 earnings per share (EPS) for the quarter. The company had revenue of $3.01 billion during the quarter.

Daito Trust Construction Company Profile

(Get Free Report)

Daito Trust Construction Co, Ltd. is a Japanese company focused on construction, real estate, and property management. It develops and builds rental apartment buildings and other properties, primarily for landowners seeking to generate income from their real estate assets.

The company’s services extend beyond construction and include rental-property master leasing, tenant recruitment, leasing administration, building maintenance, and property management. Through its integrated model, Daito Trust Construction supports property owners throughout the development and operation of rental housing and related facilities.

Founded in Japan in 1974, the company serves customers primarily in the domestic Japanese market through its network of offices and group companies.

See Also

Receive News & Ratings for Daito Trust Construction Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daito Trust Construction and related companies with MarketBeat.com's FREE daily email newsletter.