Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Sees Large Growth in Short Interest

Daiwa Securities Group Inc. (OTCMKTS:DSEEY – Get Free Report) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 71,572 shares, an increase of 328.4% from the August 31st total of 16,705 shares. Based on an average trading volume of 53,315 shares, the short-interest ratio is presently 1.3 days. Currently, 0.0% of the shares of the company are short sold.

Daiwa Securities Group Price Performance

OTCMKTS:DSEEY traded up $0.44 during trading hours on Friday, hitting $11.79. 5,845 shares of the stock traded hands, compared to its average volume of 28,521. The company has a market cap of $16.68 billion, a price-to-earnings ratio of 12.68 and a beta of 0.48. Daiwa Securities Group has a 1 year low of $7.37 and a 1 year high of $12.58. The stock has a 50 day moving average price of $11.53 and a 200 day moving average price of $10.39. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.48.

Daiwa Securities Group (OTCMKTS:DSEEY – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.01. The firm had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Daiwa Securities Group had a net margin of 12.72% and a return on equity of 8.39%.

About Daiwa Securities Group

(Get Free Report)

Daiwa Securities Group Inc is a Japan-based financial services holding company and the parent of Daiwa Securities and other businesses. The group provides investment and financial solutions to individual investors, corporations, financial institutions, governments and other institutional clients.

Its principal activities include retail securities brokerage, investment banking, underwriting and sales of equities and bonds, mergers and acquisitions advisory, institutional sales and trading, investment research, and asset management.

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