Daikin Industries,Ltd. (OTCMKTS:DKILY) Short Interest Down 10.7% in August

Daikin Industries,Ltd. (OTCMKTS:DKILY) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 15,900 shares, a decline of 10.7% from the August 15th total of 17,800 shares. Based on an average daily volume of 373,100 shares, the short-interest ratio is presently 0.0 days.

Daikin Industries,Ltd. Trading Up 0.2 %

Shares of DKILY stock traded up $0.04 during trading on Monday, reaching $16.79. The company’s stock had a trading volume of 202,479 shares, compared to its average volume of 189,468. The stock’s 50-day moving average price is $18.37 and its 200 day moving average price is $18.60. Daikin Industries,Ltd. has a 1-year low of $13.86 and a 1-year high of $21.66.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on DKILY shares. The Goldman Sachs Group raised shares of Daikin Industries,Ltd. from a “buy” rating to a “conviction-buy” rating in a research note on Tuesday, June 20th. Jefferies Financial Group downgraded shares of Daikin Industries,Ltd. from a “buy” rating to a “hold” rating in a research note on Thursday, August 24th. Finally, JPMorgan Chase & Co. downgraded shares of Daikin Industries,Ltd. from an “overweight” rating to a “neutral” rating in a research note on Wednesday, August 30th.

Daikin Industries,Ltd. Company Profile

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.