Daiwa Securities Group Inc. Sees Sharp Increase in Short Interest

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report) experienced a notable surge in short interest throughout December. As of December 15th, the total short interest reached 9,300 shares, reflecting a significant increase of 190.6% from the November 30th figure of 3,200 shares. Based on an average daily trading volume of 10,600 shares, the current short-interest ratio stands at 0.9 days.

Daiwa Securities Group Stock Performance

During trading hours on Thursday, OTCMKTS DSEEY saw an uptick of $0.05, bringing its price to $6.57. The trading volume of the stock was recorded at 2,789 shares, which is lower than its average volume of 13,187 shares. The fifty-day moving average is recorded at $6.66, while the 200-day moving average is at $7.15. The company's market capitalization stands at $9.23 billion, and it has a price-to-earnings (P/E) ratio of 9.66, alongside a beta of 0.60. Furthermore, Daiwa Securities Group has a debt-to-equity ratio of 1.80, a quick ratio of 1.12, and a current ratio of 1.12. The stock has a 52-week low of $5.87 and a high of $8.49.

Earnings Report Overview

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) released its latest earnings report on October 29th. The firm reported earnings per share (EPS) of $0.27 for the quarter, alongside a revenue figure of $2.38 billion. Additionally, the company achieved a return on equity (ROE) of 8.23% and a net margin of 10.47% during this period.

About Daiwa Securities Group

Daiwa Securities Group Inc, along with its subsidiaries, primarily operates as a securities broker-dealer both in Japan and on an international scale. The company functions through four key segments: Retail, Wholesale, Asset Management, and Investment. Its Retail segment offers a broad array of products and services related to asset management, including equities, bonds, investment trusts, wrap account services, insurance, banking services, and inheritance-related services.

Investment Consideration

If you're contemplating investing $1,000 in Daiwa Securities Group, it might be worthwhile to consider recent market insights. Although the firm currently has a 'Hold' rating from analysts, research has identified other stocks that are generating greater interest among top-rated analysts for potential investment opportunities.

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Daiwa, Stocks, Short