Short Interest in Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Drops By 17.2%

Daiwa Securities Group Inc. (OTCMKTS:DSEEYGet Free Report) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 2,801 shares, a decrease of 17.2% from the December 31st total of 3,384 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 6,341 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 6,341 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Daiwa Securities Group Trading Down 2.0%

Shares of OTCMKTS:DSEEY opened at $9.56 on Tuesday. The firm has a fifty day moving average of $9.07 and a two-hundred day moving average of $8.26. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.52. Daiwa Securities Group has a 12-month low of $5.52 and a 12-month high of $10.21. The firm has a market capitalization of $13.52 billion, a P/E ratio of 13.09 and a beta of 0.52.

Daiwa Securities Group (OTCMKTS:DSEEYGet Free Report) last announced its quarterly earnings data on Sunday, February 1st. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.04. The business had revenue of $2.42 billion during the quarter, compared to analyst estimates of $1.70 billion. Daiwa Securities Group had a return on equity of 7.00% and a net margin of 11.23%.

About Daiwa Securities Group

(Get Free Report)

Daiwa Securities Group Inc is a leading Japanese financial services firm established in 1902 and headquartered in Tokyo. Operating as a holding company, Daiwa oversees a network of subsidiaries active in securities brokerage, investment banking and asset management. With a history spanning over a century, the group has evolved to meet the changing needs of individual and institutional clients, building a reputation for comprehensive capital markets solutions.

The group’s core businesses include retail brokerage, offering equity, fixed income and mutual fund products to individual investors in Japan.

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