Short Interest in Daikin Industries,Ltd. (OTCMKTS:DKILY) Drops By 96.2%

Daikin Industries,Ltd. (OTCMKTS:DKILY) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 9,800 shares, a decline of 96.2% from the February 13th total of 260,000 shares. Based on an average daily trading volume, of 1,503,300 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Daikin Industries,Ltd. Price Performance

OTCMKTS DKILY traded up $0.09 during trading on Wednesday, reaching $11.67. The company’s stock had a trading volume of 262,244 shares, compared to its average volume of 631,986. The firm has a fifty day moving average of $11.33 and a 200 day moving average of $11.97. Daikin Industries,Ltd. has a one year low of $10.13 and a one year high of $16.32. The stock has a market capitalization of $34.21 billion, a PE ratio of 20.47, a P/E/G ratio of 2.03 and a beta of 1.04. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.90 and a quick ratio of 1.23.

Daikin Industries,Ltd. (OTCMKTS:DKILY) last announced its earnings results on Wednesday, February 5th. The company reported $0.08 earnings per share for the quarter. Daikin Industries,Ltd. had a net margin of 5.37% and a return on equity of 8.15%. Analysts expect that Daikin Industries,Ltd. will post 0.56 EPS for the current fiscal year.

Daikin Industries,Ltd. Company Profile

Daikin Industries,Ltd. manufactures, distributes, and sells air-conditioning and refrigeration equipment, and chemical products in Japan, the Americas, China, Asia, Europe, Europe, and internationally. The company’s air-conditioning and refrigeration equipment products include room air-conditioning systems; air purifiers; heat-pump hot-water supply and room-heating systems; packaged air-conditioning systems; multiple air-conditioning systems for office buildings; air-conditioning systems for facilities and plants; heat reclaim ventilators; freezers; water chillers; turbo refrigerator equipment; air-handling units; air filters; industrial dust collectors; marine-type container refrigeration; and refrigerating and freezing showcases.