Short Interest in Daikin Industries (OTCMKTS:DKILY) Increases By 672.1%

Daikin Industries (OTCMKTS:DKILY) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 47,337 shares, a growth of 672.1% from the December 15th total of 6,131 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 323,579 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 323,579 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Daikin Industries Trading Up 0.7%

Shares of OTCMKTS:DKILY traded up $0.09 on Monday, reaching $12.56. 279,343 shares of the company traded hands, compared to its average volume of 245,648. The stock has a market capitalization of $36.81 billion, a P/E ratio of 20.26, a price-to-earnings-growth ratio of 2.21 and a beta of 0.89. The business’s 50-day simple moving average is $12.65 and its 200 day simple moving average is $12.42. The company has a current ratio of 1.98, a quick ratio of 1.24 and a debt-to-equity ratio of 0.16. Daikin Industries has a 52 week low of $9.90 and a 52 week high of $14.03.

Daikin Industries (OTCMKTS:DKILY) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. The business had revenue of $8.25 billion for the quarter, compared to analyst estimates of $1,253.56 billion. Daikin Industries had a return on equity of 9.16% and a net margin of 5.80%. As a group, equities analysts anticipate that Daikin Industries will post 0.56 EPS for the current fiscal year.

About Daikin Industries

Daikin Industries is a Japanese multinational manufacturer best known for its heating, ventilation and air conditioning (HVAC) systems and related products. Headquartered in Osaka, the company designs, manufactures and sells a broad range of climate-control equipment for residential, commercial and industrial applications. Its portfolio spans wall‑mounted and packaged air conditioners, rooftop units, chillers, heat pumps, compressors, air purifiers and controls, as well as associated spare parts and aftermarket services.

In addition to finished HVAC systems, Daikin produces refrigerants and fluorochemical products used across the cooling industry, and it develops compressors and heat-exchange technologies that underpin its product lines.