Short Interest in Daikin Industries,Ltd. (OTCMKTS:DKILY) Rises By 532.6%

Daikin Industries,Ltd. (OTCMKTS:DKILY) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 260,000 shares, an increase of 532.6% from the January 31st total of 41,100 shares. Based on an average daily trading volume, of 1,309,200 shares, the short-interest ratio is currently 0.2 days.

Daikin Industries,Ltd. Trading Down 0.3 %

Shares of DKILY traded down $0.03 during trading hours on Friday, reaching $10.47. The stock had a trading volume of 466,340 shares, compared to its average volume of 665,504. The company has a quick ratio of 1.23, a current ratio of 1.90 and a debt-to-equity ratio of 0.15. Daikin Industries,Ltd. has a 52 week low of $10.13 and a 52 week high of $16.32. The firm has a 50-day moving average of $11.37 and a 200 day moving average of $12.01. The company has a market cap of $30.69 billion, a P/E ratio of 18.37, a P/E/G ratio of 2.03 and a beta of 1.00.

Daikin Industries,Ltd. (OTCMKTS:DKILY) last announced its earnings results on Wednesday, February 5th. The company reported $0.08 earnings per share for the quarter. Daikin Industries,Ltd. had a net margin of 5.37% and a return on equity of 8.15%. On average, sell-side analysts expect that Daikin Industries,Ltd. will post 0.56 earnings per share for the current fiscal year.

Daikin Industries,Ltd. Company Profile

Daikin Industries,Ltd. manufactures, distributes, and sells air-conditioning and refrigeration equipment, and chemical products in Japan, the Americas, China, Asia, Europe, Europe, and internationally. The company’s air-conditioning and refrigeration equipment products include room air-conditioning systems; air purifiers; heat-pump hot-water supply and room-heating systems; packaged air-conditioning systems; multiple air-conditioning systems for office buildings; air-conditioning systems for facilities and plants; heat reclaim ventilators; freezers; water chillers; turbo refrigerator equipment; air-handling units; air filters; industrial dust collectors; marine-type container refrigeration; and refrigerating and freezing showcases.