Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Short Interest Down 77.1% in March

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 9,066 shares, a decrease of 77.1% from the February 26th total of 39,536 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 84,346 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 84,346 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Daiwa House Industry Stock Up 1.7%

Daiwa House Industry stock traded up $0.55 during midday trading on Wednesday, reaching $32.55. The stock had a trading volume of 1,677 shares, compared to its average volume of 38,120. The firm has a market capitalization of $21.47 billion, a PE ratio of 9.66 and a beta of 0.35. Daiwa House Industry has a 12 month low of $26.24 and a 12 month high of $38.72. The firm’s 50-day moving average price is $34.48 and its 200 day moving average price is $34.46.

Daiwa House Industry (OTCMKTS:DWAHY) last issued its earnings results on Friday, February 13th. The company reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.42. The business had revenue of $9.17 billion for the quarter, compared to the consensus estimate of $8.83 billion.

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.