Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) Sees Large Drop in Short Interest

Daito Trust Construction Co., Ltd. (OTCMKTS:DIFTY) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 83,280 shares, a drop of 53.0% from the April 30th total of 177,299 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 178,854 shares, the days-to-cover ratio is currently 0.5 days.

Daito Trust Construction Stock Down 2.2%

Shares of Daito Trust Construction stock opened at $4.98 on Friday. The firm has a market capitalization of $6.86 billion, a P/E ratio of 13.46 and a beta of 0.31. The company has a 50 day moving average price of $5.63 and a 200 day moving average price of $5.30. Daito Trust Construction has a 52 week low of $4.48 and a 52 week high of $7.00.

Daito Trust Construction (OTCMKTS:DIFTY) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.11 EPS for the quarter. The company had revenue of $3.45 billion during the quarter.

Daito Trust Construction Company Profile

Daito Trust Construction Co, Ltd. (OTCMKTS: DIFTY) is a Japan-based construction and real estate services firm specializing in the development and management of rental residential properties, commercial facilities and related infrastructure. The company provides end-to-end solutions that span site acquisition, architectural design, construction, leasing support and ongoing property administration. Leveraging a vertically integrated model, Daito Trust Construction aims to streamline project delivery and optimize operational efficiency for landlords and tenants alike.

In its core rental housing segment, the company offers a comprehensive suite of services, including property management, tenant recruitment, rent collection and routine facility maintenance.