Short Interest in Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Increases By 73.3%

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 38,300 shares, an increase of 73.3% from the March 15th total of 22,100 shares. Based on an average trading volume of 23,500 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.0% of the shares of the stock are short sold.

Daiwa Securities Group Price Performance

Shares of OTCMKTS:DSEEY traded up $0.35 on Tuesday, reaching $6.70. 2,161 shares of the company were exchanged, compared to its average volume of 7,679. The company has a 50-day moving average of $6.70 and a 200-day moving average of $6.71. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.74. The firm has a market cap of $9.41 billion, a price-to-earnings ratio of 8.82 and a beta of 0.55. Daiwa Securities Group has a 1-year low of $5.52 and a 1-year high of $8.49.

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) last issued its earnings results on Friday, January 31st. The financial services provider reported $0.20 earnings per share for the quarter. Daiwa Securities Group had a net margin of 11.77% and a return on equity of 8.92%.

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.