Short Interest in Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Expands By 1,406.6%

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 28,400 shares, a growth of 1,406.6% from the April 15th total of 1,885 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 208,931 shares, the short-interest ratio is presently 0.1 days.

Daiwa House Industry Stock Performance

Shares of OTCMKTS DWAHY traded down $1.31 during trading hours on Wednesday, reaching $29.09. 46,748 shares of the stock were exchanged, compared to its average volume of 61,528. The stock’s fifty day simple moving average is $31.65 and its 200 day simple moving average is $33.35. Daiwa House Industry has a 52 week low of $26.24 and a 52 week high of $38.72. The firm has a market capitalization of $19.19 billion, a price-to-earnings ratio of 8.63 and a beta of 0.35.

Daiwa House Industry (OTCMKTS:DWAHY) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $0.75 by $0.82.

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.