Daikin Industries,Ltd. (OTCMKTS:DKILY) Short Interest Up 594.8% in March

Daikin Industries,Ltd. (OTCMKTS:DKILY - Get Free Report) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 173,700 shares, a growth of 594.8% from the March 15th total of 25,000 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 1,264,200 shares, the days-to-cover ratio is presently 0.1 days.

Daikin Industries,Ltd. Stock Performance

DKILY traded up $0.38 during trading hours on Friday, reaching $11.44. The company's stock had a trading volume of 233,906 shares, compared to its average volume of 667,393. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.23 and a current ratio of 1.90. The company's 50-day moving average is $10.98 and its 200-day moving average is $11.65. Daikin Industries,Ltd. has a 52 week low of $9.90 and a 52 week high of $16.32. The firm has a market cap of $33.53 billion, a PE ratio of 20.07, a price-to-earnings-growth ratio of 2.03 and a beta of 1.03.

Daikin Industries,Ltd. (OTCMKTS:DKILY - Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported $0.08 earnings per share (EPS) for the quarter. Daikin Industries,Ltd. had a net margin of 5.37% and a return on equity of 8.15%. On average, equities analysts forecast that Daikin Industries,Ltd. will post 0.56 EPS for the current year.

About Daikin Industries,Ltd.

Daikin Industries,Ltd. manufactures, distributes, and sells air-conditioning and refrigeration equipment, and chemical products in Japan, the Americas, China, Asia, Europe, Europe, and internationally. The company's air-conditioning and refrigeration equipment products include room air-conditioning systems; air purifiers; heat-pump hot-water supply and room-heating systems; packaged air-conditioning systems; multiple air-conditioning systems for office buildings; air-conditioning systems for facilities and plants; heat reclaim ventilators; freezers; water chillers; turbo refrigerator equipment; air-handling units; air filters; industrial dust collectors; marine-type container refrigeration; and refrigerating and freezing showcases.