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

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 46,000 shares, an increase of 17.6% from the September 30th total of 39,100 shares. Based on an average trading volume of 37,600 shares, the short-interest ratio is currently 1.2 days.

Daiwa House Industry Stock Performance

Shares of DWAHY stock traded up $0.01 during mid-day trading on Tuesday, hitting $29.65. The company’s stock had a trading volume of 23,701 shares, compared to its average volume of 48,159. The company’s fifty day simple moving average is $31.07 and its 200-day simple moving average is $28.43. The company has a market cap of $19.55 billion, a PE ratio of 9.41 and a beta of 0.56. Daiwa House Industry has a 52 week low of $24.12 and a 52 week high of $33.80.

Daiwa House Industry (OTCMKTS:DWAHY) last issued its earnings results on Wednesday, August 7th. The company reported $0.82 EPS for the quarter. The firm had revenue of $8.26 billion during the quarter.

Analyst Ratings Changes

Separately, Citigroup raised Daiwa House Industry to a “hold” rating in a research report on Wednesday, August 28th.

About Daiwa House Industry

Daiwa House Industry Co, Ltd. engages in the construction contracts business in Japan and internationally. It operates through six segments: Detached Houses, Rental Housing, Condominiums, Commercial Facilities, Business Facilities, and Environmental Energy. The Detached Houses segment engages in custom-ordered housing and sales of detached houses and lots.