Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Sees Significant Increase in Short Interest

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 8,440 shares, an increase of 193.9% from the December 31st total of 2,872 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 61,921 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 61,921 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Daiwa House Industry Stock Performance

DWAHY opened at $33.84 on Thursday. The stock has a market cap of $22.32 billion, a price-to-earnings ratio of 10.29 and a beta of 0.36. The firm’s fifty day moving average is $33.55 and its 200 day moving average is $34.55. Daiwa House Industry has a fifty-two week low of $26.24 and a fifty-two week high of $38.72.

Daiwa House Industry (OTCMKTS:DWAHY) last posted its quarterly earnings results on Thursday, November 13th. The company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.18). The business had revenue of $8.65 billion during the quarter, compared to analyst estimates of $9.57 billion.

Daiwa House Industry Company Profile

Daiwa House Industry Co, Ltd. is a major Japanese construction and real estate development company headquartered in Osaka, Japan. Founded in 1955, the company is best known as one of Japan’s largest homebuilders and a comprehensive provider of real estate solutions. Its core activities span the planning, design, construction and sale of detached houses, condominiums and rental housing, leveraging prefabrication and standardized building techniques to serve residential markets across Japan.

Beyond residential construction, Daiwa House operates broadly across commercial and industrial segments.