Short Interest in Dai Nippon Printing Co. (OTCMKTS:DNPLY) Declines By 38.3%

Dai Nippon Printing Co. (OTCMKTS:DNPLY) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,864 shares, a drop of 38.3% from the August 15th total of 3,021 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 5,324 shares, the short-interest ratio is presently 0.4 days.

Dai Nippon Printing Stock Performance

DNPLY traded down $0.56 during trading on Friday, hitting $9.11. The stock had a trading volume of 100 shares, compared to its average volume of 7,471. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.30 and a quick ratio of 1.81. The company has a 50 day moving average price of $9.76 and a 200-day moving average price of $9.32. Dai Nippon Printing has a one year low of $7.66 and a one year high of $10.66. The firm has a market cap of $8.01 billion, a price-to-earnings ratio of 14.70 and a beta of 0.49.

Dai Nippon Printing (OTCMKTS:DNPLY) last posted its earnings results on Friday, August 7th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. The company had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.33 billion. Dai Nippon Printing had a return on equity of 6.49% and a net margin of 5.39%.

About Dai Nippon Printing

Dai Nippon Printing Co, Ltd. is a Japanese printing and information technology company that develops products and services using printing, coating, materials, imaging, and processing technologies. Established in 1876, the company has expanded beyond traditional printing into business solutions, electronic components, packaging, and advanced materials.

Its information communication activities include publishing and commercial printing, marketing materials, business forms, security printing, and digital services.