Daikin Industries,Ltd. (OTCMKTS:DKILY) Sees Significant Increase in Short Interest

Daikin Industries,Ltd. (OTCMKTS:DKILY) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 260,000 shares, a growth of 532.6% from the January 31st total of 41,100 shares. Based on an average daily volume of 1,309,200 shares, the short-interest ratio is currently 0.2 days.

Daikin Industries,Ltd. Trading Down 1.0 %

DKILY traded down $0.11 during trading on Thursday, reaching $10.62. 429,244 shares of the stock traded hands, compared to its average volume of 657,358. The stock’s 50-day moving average is $11.40 and its 200 day moving average is $12.03. Daikin Industries,Ltd. has a 12 month low of $10.21 and a 12 month high of $16.32. The company has a quick ratio of 1.23, a current ratio of 1.90 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $31.13 billion, a PE ratio of 18.63, a P/E/G ratio of 2.03 and a beta of 1.00.

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

About Daikin Industries,Ltd.

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.