Daikin Industries (OTCMKTS:DKILY) Sees Significant Decline in Short Interest

Daikin Industries (OTCMKTS:DKILY) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 18,445 shares, a drop of 61.0% from the December 31st total of 47,337 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 515,170 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 515,170 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Daikin Industries Price Performance

Shares of DKILY stock traded down $0.12 on Thursday, reaching $11.87. The company had a trading volume of 187,279 shares, compared to its average volume of 275,495. Daikin Industries has a one year low of $9.90 and a one year high of $14.03. The stock has a market capitalization of $34.79 billion, a PE ratio of 19.15, a price-to-earnings-growth ratio of 2.28 and a beta of 0.89. The company has a quick ratio of 1.24, a current ratio of 1.98 and a debt-to-equity ratio of 0.16. The business’s 50-day moving average is $12.62 and its 200 day moving average is $12.45.

Daikin Industries (OTCMKTS:DKILY) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.19 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.19. The firm had revenue of $8.25 billion during the quarter, compared to the consensus estimate of $1,253.56 billion. Daikin Industries had a return on equity of 9.16% and a net margin of 5.80%. Equities research analysts forecast that Daikin Industries will post 0.56 EPS for the current fiscal year.

Daikin Industries Company Profile

Daikin Industries is a Japanese multinational manufacturer best known for its heating, ventilation and air conditioning (HVAC) systems and related products. Headquartered in Osaka, the company designs, manufactures and sells a broad range of climate-control equipment for residential, commercial and industrial applications. Its portfolio spans wall?mounted and packaged air conditioners, rooftop units, chillers, heat pumps, compressors, air purifiers and controls, as well as associated spare parts and aftermarket services.

In addition to finished HVAC systems, Daikin produces refrigerants and fluorochemical products used across the cooling industry, and it develops compressors and heat-exchange technologies that underpin its product lines.