Short Interest in Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Decreases By 76.0%

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 2,872 shares, a decline of 76.0% from the December 15th total of 11,985 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 77,722 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 77,722 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Daiwa House Industry Stock Performance

OTCMKTS:DWAHY opened at $33.70 on Wednesday. Daiwa House Industry has a fifty-two week low of $26.24 and a fifty-two week high of $38.72. The company has a 50 day simple moving average of $33.66 and a two-hundred day simple moving average of $34.53. The company has a market capitalization of $22.23 billion, a PE ratio of 10.24 and a beta of 0.36.

Daiwa House Industry (OTCMKTS:DWAHY) last issued its quarterly earnings results on Thursday, November 13th. The company reported $0.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.18). The firm had revenue of $8.65 billion for the quarter, compared to analysts’ expectations of $9.57 billion.

About Daiwa House Industry

Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.

Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.