Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Short Interest Down 50.0% in November

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 1,800 shares, a drop of 50.0% from the October 31st total of 3,600 shares. Based on an average daily trading volume, of 13,800 shares, the days-to-cover ratio is currently 0.1 days.

Daiwa Securities Group Trading Up 1.9 %

DSEEY traded up $0.12 on Friday, reaching $6.50. 1,287 shares of the company traded hands, compared to its average volume of 13,717. The firm has a fifty day simple moving average of $6.82 and a two-hundred day simple moving average of $7.25. Daiwa Securities Group has a one year low of $5.87 and a one year high of $8.49. The company has a market cap of $9.13 billion, a P/E ratio of 9.56 and a beta of 0.63. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.80.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its quarterly earnings results on Tuesday, October 29th. The financial services provider reported $0.27 earnings per share for the quarter. Daiwa Securities Group had a net margin of 10.47% and a return on equity of 8.23%. The firm had revenue of $2.38 billion during the quarter.

Daiwa Securities Group Company Profile

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.