Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) Short Interest Up 172.6% in August

Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 36,655 shares, a growth of 172.6% from the August 15th total of 13,447 shares. Based on an average daily volume of 74,872 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the shares of the company are short sold.

Daito Trust Construction Price Performance

Shares of OTCMKTS:DIFTY opened at $5.42 on Monday. The company has a 50-day simple moving average of $5.10 and a 200-day simple moving average of $5.30. Daito Trust Construction has a one year low of $4.41 and a one year high of $7.00. The company has a debt-to-equity ratio of 0.38, a quick ratio of 2.74 and a current ratio of 2.74. The stock has a market capitalization of $7.47 billion, a price-to-earnings ratio of 10.84 and a beta of 0.27.

Daito Trust Construction (OTCMKTS:DIFTY) last announced its earnings results on Friday, July 31st. The company reported $0.13 earnings per share for the quarter. The business had revenue of $3.01 billion for the quarter.

About Daito Trust Construction

Daito Trust Construction Co, Ltd. is a Japanese real estate and construction company that develops, builds and manages rental housing properties. Its business is centered on supporting landowners with property planning, financing coordination, construction and long-term asset management, particularly for apartments and other income-producing residential properties.

Through its group companies, Daito Trust Construction also provides rental property management, tenant leasing and real estate brokerage services.