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

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) was the recipient of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 2,872 shares, a drop of 76.0% from the December 15th total of 11,985 shares. Based on an average daily volume of 77,722 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 77,722 shares, the short-interest ratio is currently 0.0 days.

Daiwa House Industry Trading Up 1.1%

Shares of Daiwa House Industry stock opened at $34.38 on Tuesday. The stock has a market capitalization of $22.68 billion, a price-to-earnings ratio of 10.45 and a beta of 0.36. The firm’s 50-day moving average price is $33.67 and its two-hundred day moving average price is $34.54. Daiwa House Industry has a 1-year low of $27.96 and a 1-year high of $38.72.

Daiwa House Industry (OTCMKTS:DWAHY) last posted its 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 the consensus estimate of $9.57 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.