Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Sees Large Increase in Short Interest

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 5,400 shares, a growth of 217.6% from the February 13th total of 1,700 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 5,300 shares, the days-to-cover ratio is currently 1.0 days.

Daiwa Securities Group Trading Up 2.2 %

Shares of DSEEY stock opened at $7.06 on Friday. Daiwa Securities Group has a fifty-two week low of $5.87 and a fifty-two week high of $8.49. The stock has a 50-day simple moving average of $6.86 and a 200 day simple moving average of $6.85. The stock has a market capitalization of $9.92 billion, a P/E ratio of 9.29 and a beta of 0.52. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.74.

Daiwa Securities Group (OTCMKTS:DSEEY) last issued its quarterly earnings data on Friday, January 31st. The financial services provider reported $0.20 earnings per share for the quarter. Daiwa Securities Group had a net margin of 11.77% and a return on equity of 8.92%.

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.