Short Interest in Daiwa Securities Group Inc. (OTCMKTS:DSEEY) Decreases By 11.5%

Daiwa Securities Group Inc. (OTCMKTS:DSEEY) was the target of a large decline in short interest during the month of June. As of June 15th, there was short interest totalling 10,800 shares, a decline of 11.5% from the May 31st total of 12,200 shares. Based on an average trading volume of 7,000 shares, the days-to-cover ratio is presently 1.5 days.

Daiwa Securities Group Stock Up 3.3 %

DSEEY opened at $7.94 on Wednesday. The stock’s fifty day simple moving average is $7.50 and its 200 day simple moving average is $7.26. Daiwa Securities Group has a 1-year low of $4.91 and a 1-year high of $8.49. The stock has a market cap of $12.46 billion, a PE ratio of 13.69 and a beta of 0.63. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.84.

Daiwa Securities Group (OTCMKTS:DSEEY) last issued its quarterly earnings data on Thursday, April 25th. The financial services provider reported $0.18 earnings per share for the quarter. The company had revenue of $2.51 billion for the quarter. Daiwa Securities Group had a net margin of 9.51% and a return on equity of 6.63%.

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.