Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Sees Significant Drop in Short Interest

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totaling 4,122 shares, a drop of 54.5% from the March 15th total of 9,066 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 143,589 shares, the days-to-cover ratio is currently 0.0 days.

Daiwa House Industry Trading Down 1.1%

Daiwa House Industry stock opened at $31.12 on Tuesday. The firm has a 50-day moving average price of $33.72 and a 200-day moving average price of $33.92. The firm has a market capitalization of $20.53 billion, a PE ratio of 9.23 and a beta of 0.40. Daiwa House Industry has a 12-month low of $26.24 and a 12-month high of $38.72.

Daiwa House Industry (OTCMKTS:DWAHY) last released its earnings results on Friday, February 13th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.42. The firm had revenue of $9.17 billion during the quarter, compared to the consensus estimate of $8.83 billion.

Daiwa House Industry Company Profile

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.