Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Short Interest Down 88.4% in October

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 15,900 shares, a decrease of 88.4% from the September 30th total of 137,000 shares. Based on an average trading volume of 8,300 shares, the days-to-cover ratio is currently 1.9 days.

Daiwa Securities Group Stock Down 4.0 %

Shares of DSEEY traded down $0.27 during mid-day trading on Friday, hitting $6.53. 6,533 shares of the company’s stock were exchanged, compared to its average volume of 14,472. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.12 and a quick ratio of 1.12. Daiwa Securities Group has a 52 week low of $5.58 and a 52 week high of $8.49. The company has a market cap of $10.25 billion, a PE ratio of 11.26 and a beta of 0.62. The company has a 50-day simple moving average of $7.13 and a 200 day simple moving average of $7.37.

Daiwa Securities Group (OTCMKTS:DSEEY) last released its earnings results on Thursday, August 1st. The financial services provider reported $0.11 earnings per share for the quarter. Daiwa Securities Group had a net margin of 9.07% and a return on equity of 6.56%. The business had revenue of $2.15 billion during the quarter.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc, together with its subsidiaries, primarily operates as a securities broker-dealer in Japan and internationally. The company operates through four segments: Retail, Wholesale, Asset Management, and Investment. The Retail segment offers products and services related to asset management, including equities, bonds, investment trusts, wrap account services, insurance, banking services, inheritance-related services, etc.