Short Interest in Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Declines By 80.7%

Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) was the target of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 4,900 shares, a decrease of 80.7% from the October 31st total of 25,400 shares. Based on an average daily trading volume, of 69,600 shares, the days-to-cover ratio is currently 0.1 days.

Daiwa House Industry Stock Up 0.9 %

Shares of Daiwa House Industry stock traded up $0.27 during trading hours on Wednesday, reaching $30.61. 16,944 shares of the company’s stock were exchanged, compared to its average volume of 46,624. The business has a fifty day moving average of $30.52 and a two-hundred day moving average of $28.72. The company has a market capitalization of $20.19 billion, a P/E ratio of 9.79 and a beta of 0.57. Daiwa House Industry has a 1 year low of $24.12 and a 1 year high of $33.80.

Analyst Upgrades and Downgrades

Separately, Citigroup raised shares of Daiwa House Industry to a “hold” rating in a research report on Wednesday, August 28th.

About Daiwa House Industry

Daiwa House Industry Co, Ltd. engages in the construction contracts business in Japan and internationally. It operates through six segments: Detached Houses, Rental Housing, Condominiums, Commercial Facilities, Business Facilities, and Environmental Energy. The Detached Houses segment engages in custom-ordered housing and sales of detached houses and lots.