Daiwa Securities Group Inc. Sees Significant Increase in Short Interest

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report) experienced a notable surge in short interest during December. By December 15th, short interest reached 9,300 shares, representing a remarkable increase of 190.6% from the 3,200 shares reported on November 30th. Considering the average daily trading volume of 10,600 shares, the current short-interest ratio stands at approximately 0.9 days.

Daiwa Securities Group's stock performance showed activity on Thursday, with an increase of $0.05, bringing the stock price up to $6.57. The trading volume for the day was 2,789 shares, significantly lower than its average volume of 13,187 shares. The stock's fifty-day moving average is $6.66, while its 200-day moving average is $7.15. With a market capitalization of $9.23 billion, the company has a price-to-earnings (P/E) ratio of 9.66 and a beta of 0.60. Other financial metrics include a debt-to-equity ratio of 1.80, and both quick and current ratios of 1.12. Over the past year, the stock has seen a low of $5.87 and a high of $8.49.

Recent Earnings Results

On October 29th, Daiwa Securities Group released its latest earnings report. The financial service provider posted earnings per share (EPS) of $0.27 for the quarter and reported total revenue of $2.38 billion. The company achieved a return on equity of 8.23% along with a net margin of 10.47%.

About Daiwa Securities Group

Daiwa Securities Group Inc. functions primarily as a securities broker-dealer, both in Japan and on an international scale. The firm operates through four principal segments: Retail, Wholesale, Asset Management, and Investment. The Retail segment provides various products and services related to asset management, which includes equities, bonds, investment trusts, wrap account services, and additional financial offerings.

Investment Insights

Considering an investment in Daiwa Securities Group? It might be wise to reconsider. Analysts are emphasizing other stocks over Daiwa Securities Group at this time. While the company maintains a “Hold” rating among experts, five other stocks have been earmarked for potential better performance.

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Daiwa, Securities, short