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

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHYGet Free Report) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 11,985 shares, a decline of 54.3% from the November 30th total of 26,213 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 91,059 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 91,059 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Daiwa House Industry Stock Performance

Shares of OTCMKTS:DWAHY traded down $0.13 during midday trading on Friday, hitting $33.04. The company’s stock had a trading volume of 21,252 shares, compared to its average volume of 24,602. Daiwa House Industry has a fifty-two week low of $27.96 and a fifty-two week high of $38.72. The stock has a market capitalization of $21.79 billion, a price-to-earnings ratio of 10.04 and a beta of 0.35. The stock’s 50 day simple moving average is $33.91 and its 200 day simple moving average is $34.55.

Daiwa House Industry (OTCMKTS:DWAHYGet Free Report) last announced its earnings results on Thursday, November 13th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.18). The company had revenue of $8.65 billion during the quarter, compared to analysts’ expectations of $9.57 billion.

About Daiwa House Industry

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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.

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