Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Short Interest Update

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) was the target of a large drop in short interest in 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. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 43,200 shares, the days-to-cover ratio is currently 0.1 days.

Daiwa House Industry Trading Down 0.4%

Daiwa House Industry stock opened at $33.66 on Friday. The company has a market capitalization of $22.20 billion, a P/E ratio of 9.99 and a beta of 0.50. The firm’s fifty day simple moving average is $34.84 and its 200-day simple moving average is $32.88. Daiwa House Industry has a 1-year low of $24.12 and a 1-year high of $37.98.

Daiwa House Industry (OTCMKTS:DWAHY) last released its quarterly earnings results on Tuesday, May 13th. The company reported $1.31 earnings per share for the quarter, beating 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.

About Daiwa House Industry

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.