Short Interest in Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Drops By 31.0%

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) saw a significant drop in short interest in March. As of March 15th, there was short interest totalling 32,700 shares, a drop of 31.0% from the February 28th total of 47,400 shares. Based on an average trading volume of 34,200 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.0% of the company’s stock are sold short.

Daiwa House Industry Trading Down 2.4 %

DWAHY stock traded down $0.83 during trading on Monday, reaching $33.12. The stock had a trading volume of 13,799 shares, compared to its average volume of 22,687. The firm has a fifty day moving average price of $32.61 and a 200 day moving average price of $31.34. The company has a market capitalization of $21.84 billion, a P/E ratio of 10.03 and a beta of 0.54. Daiwa House Industry has a 1-year low of $24.12 and a 1-year high of $35.59.

Daiwa House Industry (OTCMKTS:DWAHY) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.83 EPS for the quarter.

Daiwa House Industry Company Profile

Daiwa House Industry Co, Ltd. engages in the construction contracts business in Japan and internationally. It operates through six segments: Detached Houses, Rental Housing, Condominiums, Commercial Facilities, Business Facilities, and Environmental Energy. The Detached Houses segment engages in custom-ordered housing and sales of detached houses and lots.