Short Interest in Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Declines By 31.0%

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 32,700 shares, a drop of 31.0% from the February 28th total of 47,400 shares. Based on an average daily trading volume, of 34,200 shares, the short-interest ratio is currently 1.0 days. Approximately 0.0% of the shares of the company are short sold.

Daiwa House Industry Trading Down 2.4 %

DWAHY stock traded down $0.83 during trading on Tuesday, reaching $33.12. 13,799 shares of the stock were exchanged, compared to its average volume of 22,687. The stock has a 50 day simple moving average of $32.67 and a 200-day simple moving average of $31.35. The company has a market capitalization of $21.84 billion, a P/E ratio of 10.03 and a beta of 0.54. Daiwa House Industry has a twelve month low of $24.12 and a twelve month high of $35.59.

Daiwa House Industry (OTCMKTS:DWAHY) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.83 earnings per share (EPS) for the quarter.

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.