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Short Interest in Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Grows By 108.4%

Daiwa House Industry logo with Real Estate background
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Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY - Get Free Report) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 29,800 shares, an increase of 108.4% from the January 31st total of 14,300 shares. Based on an average daily volume of 32,100 shares, the days-to-cover ratio is presently 0.9 days.

Daiwa House Industry Stock Up 1.9 %

Shares of OTCMKTS DWAHY traded up $0.64 during trading on Wednesday, hitting $33.90. The company had a trading volume of 13,513 shares, compared to its average volume of 25,388. The stock has a fifty day simple moving average of $31.30 and a two-hundred day simple moving average of $30.98. Daiwa House Industry has a fifty-two week low of $24.12 and a fifty-two week high of $33.96. The firm has a market capitalization of $22.35 billion, a price-to-earnings ratio of 10.27 and a beta of 0.54.

Daiwa House Industry (OTCMKTS:DWAHY - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.83 earnings per share for the quarter.

About Daiwa House Industry

(Get Free Report)

Daiwa House Industry Co, Ltd. engages in the construction contracts business in Japan and internationally. It operates through six segments: Detached Houses, Rental Housing, Condominiums, Commercial Facilities, Business Facilities, and Environmental Energy. The Detached Houses segment engages in custom-ordered housing and sales of detached houses and lots.

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