Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Stock Short Interest Report for October

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the recipient of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 64,068 shares, a growth of 490.2% from the October 15th total of 10,855 shares. Based on an average daily volume of 64,592 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.0% of the company’s stock are short sold.

Daiwa Securities Group Price Performance

OTCMKTS:DSEEY opened at $10.99 on Wednesday. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.10 and a current ratio of 1.10. The stock’s 50-day simple moving average is $11.34 and its 200 day simple moving average is $10.47. The company has a market cap of $15.55 billion, a P/E ratio of 12.42 and a beta of 0.59. Daiwa Securities Group has a 52-week low of $7.78 and a 52-week high of $12.58.

Daiwa Securities Group (OTCMKTS:DSEEY) last issued its quarterly earnings results on Friday, October 30th. The financial services provider reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.01). The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $1.37 billion. Daiwa Securities Group had a net margin of 12.51% and a return on equity of 9.31%. As a group, sell-side analysts forecast that Daiwa Securities Group will post 0.99 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Zacks Research assumed coverage on Daiwa Securities Group in a report on Thursday, November 5th. They issued a “hold” rating on the stock. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc. is a Japan-based financial services holding company whose principal business is securities and investment services. Its offerings include brokerage and investment advice for individual and corporate clients, as well as services for institutional investors. The group’s businesses also include investment banking, such as securities underwriting and financial advisory services, along with asset management and investment activities. It serves clients in Japan and through operations in international markets.