Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Short Interest Up 309.3% in March

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 22,100 shares, a growth of 309.3% from the February 28th total of 5,400 shares. Based on an average daily volume of 10,400 shares, the short-interest ratio is presently 2.1 days. Approximately 0.0% of the shares of the company are short sold.

Daiwa Securities Group Stock Performance

Shares of OTCMKTS:DSEEY traded down $0.25 during trading on Thursday, hitting $7.14. 10,271 shares of the company traded hands, compared to its average volume of 6,778. Daiwa Securities Group has a one year low of $5.87 and a one year high of $8.49. The business’s fifty day moving average is $6.96 and its 200-day moving average is $6.84. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.74. The stock has a market capitalization of $10.03 billion, a price-to-earnings ratio of 9.39 and a beta of 0.52.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its earnings results on Friday, January 31st. The financial services provider reported $0.20 earnings per share (EPS) for the quarter. Daiwa Securities Group had a net margin of 11.77% and a return on equity of 8.92%.

About Daiwa Securities Group

Daiwa Securities Group Inc, together with its subsidiaries, primarily operates as a securities broker-dealer in Japan and internationally. The company operates through four segments: Retail, Wholesale, Asset Management, and Investment. The Retail segment offers products and services related to asset management, including equities, bonds, investment trusts, wrap account services, insurance, banking services, inheritance-related services, etc.