Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Short Interest Up 37.7% in March

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) saw a large growth in short interest in March. As of March 13th, there was short interest totaling 33,235 shares, a growth of 37.7% from the February 26th total of 24,132 shares. Based on an average daily trading volume, of 110,876 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

Daiwa Securities Group Price Performance

Shares of OTCMKTS DSEEY opened at $9.49 on Tuesday. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.10 and a current ratio of 1.10. The company has a market cap of $13.42 billion, a PE ratio of 12.82 and a beta of 0.50. The business has a 50-day simple moving average of $9.90 and a two-hundred day simple moving average of $8.92. Daiwa Securities Group has a fifty-two week low of $5.52 and a fifty-two week high of $11.24.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted its quarterly earnings data on Monday, February 2nd. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.04. The firm had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $1.70 billion. Daiwa Securities Group had a net margin of 10.93% and a return on equity of 7.01%.

About Daiwa Securities Group

Daiwa Securities Group Inc is a leading Japanese financial services firm established in 1902 and headquartered in Tokyo. Operating as a holding company, Daiwa oversees a network of subsidiaries active in securities brokerage, investment banking and asset management. With a history spanning over a century, the group has evolved to meet the changing needs of individual and institutional clients, building a reputation for comprehensive capital markets solutions.

The group’s core businesses include retail brokerage, offering equity, fixed income and mutual fund products to individual investors in Japan.