Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Sees Large Growth in Short Interest

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the recipient of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 3,200 shares, a growth of 77.8% from the November 15th total of 1,800 shares. Based on an average trading volume of 18,100 shares, the days-to-cover ratio is presently 0.2 days.

Daiwa Securities Group Stock Down 1.3 %

OTCMKTS DSEEY traded down $0.09 during trading on Friday, reaching $6.77. The company’s stock had a trading volume of 866 shares, compared to its average volume of 13,349. The business has a 50-day moving average price of $6.75 and a 200-day moving average price of $7.23. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 1.80. Daiwa Securities Group has a 1-year low of $5.87 and a 1-year high of $8.49. The stock has a market capitalization of $9.51 billion, a PE ratio of 10.28 and a beta of 0.61.

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

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.