Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Short Interest Update

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the target of a large drop in short interest in December. As of December 31st, there was short interest totalling 5,200 shares, a drop of 44.1% from the December 15th total of 9,300 shares. Based on an average trading volume of 13,300 shares, the days-to-cover ratio is presently 0.4 days.

Daiwa Securities Group Stock Down 1.5 %

DSEEY stock traded down $0.10 during mid-day trading on Tuesday, reaching $6.39. 1,761 shares of the company traded hands, compared to its average volume of 4,308. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.80. The firm’s 50 day moving average price is $6.62 and its 200 day moving average price is $7.05. The stock has a market cap of $8.98 billion, a price-to-earnings ratio of 9.40 and a beta of 0.60. Daiwa Securities Group has a fifty-two week low of $5.87 and a fifty-two week high of $8.49.

Daiwa Securities Group (OTCMKTS:DSEEY) last announced its earnings results on Tuesday, October 29th. The financial services provider reported $0.27 earnings per share (EPS) for the quarter. The company had revenue of $2.38 billion for the quarter. Daiwa Securities Group had a return on equity of 8.23% and a net margin of 10.47%.

Daiwa Securities Group Company Profile

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.