Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Sees Large Decline in Short Interest

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) was the target of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 3,500 shares, a drop of 85.6% from the May 15th total of 24,300 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 43,200 shares, the short-interest ratio is currently 0.1 days.

Daiwa House Industry Stock Down 0.4%

DWAHY stock opened at $33.61 on Thursday. The business’s 50-day simple moving average is $34.79 and its 200 day simple moving average is $32.83. Daiwa House Industry has a twelve month low of $24.12 and a twelve month high of $37.98. The company has a market cap of $22.17 billion, a PE ratio of 9.97 and a beta of 0.50.

Daiwa House Industry (OTCMKTS:DWAHY) last released its quarterly earnings data on Tuesday, May 13th. The company reported $1.31 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.83. The business had revenue of $10.02 billion for the quarter, compared to the consensus estimate of $9.71 billion.

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.