Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Sees Large Growth in Short Interest

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) saw a significant growth in short interest in June. As of June 30th, there was short interest totalling 20,400 shares, a growth of 88.9% from the June 15th total of 10,800 shares. Based on an average daily trading volume, of 25,400 shares, the short-interest ratio is currently 0.8 days.

Daiwa Securities Group Price Performance

Shares of OTCMKTS DSEEY traded up $0.24 during trading on Friday, hitting $8.06. The company had a trading volume of 25,651 shares, compared to its average volume of 6,604. The company has a market cap of $12.65 billion, a P/E ratio of 13.90 and a beta of 0.63. Daiwa Securities Group has a 52 week low of $5.06 and a 52 week high of $8.49. The business’s 50-day moving average is $7.60 and its 200 day moving average is $7.33. The company has a debt-to-equity ratio of 1.84, a quick ratio of 1.14 and a current ratio of 1.14.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted its quarterly earnings results on Thursday, April 25th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter. The company had revenue of $2.51 billion for the quarter. Daiwa Securities Group had a return on equity of 6.63% and a net margin of 9.51%.

About Daiwa Securities Group

Daiwa Securities Group Inc, together with its subsidiaries, primarily operates as a securities broker-dealer in Japan and internationally. The company operates through four segments: Retail, Wholesale, Asset Management, and Investment. The Retail segment offers products and services related to asset management, including equities, bonds, investment trusts, wrap account services, insurance, banking services, inheritance-related services, etc.