Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Stock Short Interest Report for October

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the recipient of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 64,068 shares, a growth of 490.2% from the October 15th total of 10,855 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 64,592 shares, the days-to-cover ratio is currently 1.0 days.

Analyst Ratings Changes

Separately, Zacks Research initiated coverage on Daiwa Securities Group in a report on Thursday, November 5th. They set a “hold” rating on the stock. One research analyst has rated the stock with a Hold rating. According to MarketBeat.com, Daiwa Securities Group presently has a consensus rating of “Hold”.

Daiwa Securities Group Trading Up 2.9%

Shares of DSEEY stock traded up $0.32 on Thursday, hitting $11.30. 3,840 shares of the company’s stock traded hands, compared to its average volume of 28,900. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.10 and a current ratio of 1.10. Daiwa Securities Group has a one year low of $7.78 and a one year high of $12.58. The company’s fifty day simple moving average is $11.33 and its 200 day simple moving average is $10.48. The stock has a market capitalization of $16.00 billion, a price-to-earnings ratio of 12.16 and a beta of 0.59.

Daiwa Securities Group (OTCMKTS:DSEEY) last posted its quarterly earnings results on Friday, October 30th. The financial services provider reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.01). Daiwa Securities Group had a return on equity of 9.31% and a net margin of 12.51%. The business had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $1.37 billion. Equities analysts forecast that Daiwa Securities Group will post 0.99 EPS for the current year.

About Daiwa Securities Group

Daiwa Securities Group Inc. is a Japan-based financial services holding company whose principal business is securities and investment services. Its offerings include brokerage and investment advice for individual and corporate clients, as well as services for institutional investors. The group’s businesses also include investment banking, such as securities underwriting and financial advisory services, along with asset management and investment activities. It serves clients in Japan and through operations in international markets.