Daiwa House Industry Co., Ltd. (OTCMKTS:DWAHY) Short Interest Up 120.8% in May

Daiwa House Industry Co., Ltd. (OTCMKTS: DWAHY – Get Rating) benefited from a significant increase in short-term interest during the month of May. As of May 31, there was short interest totaling 76,400 shares, an increase of 120.8% from the May 15 total of 34,600 shares. Based on an average daily trading volume of 139,000 shares, the days-to-cover ratio is currently 0.5 days.

Shares of DWAHY were down $0.38 on Friday, hitting $23.02. 260,913 shares of the stock were traded, compared to its average volume of 71,415. Daiwa House Industry has a 52-week low of $22.41 and a 52-week high of $36.28. The company has a 50-day simple moving average of $24.22 and a two-hundred-day simple moving average of $27.03.

Separately, CLSA upgraded shares of Daiwa House Industry from a “sell” rating to a “buy” rating in a Tuesday, April 19 report.

Daiwa Home Industry Company Profile (Get an assessment)

Daiwa House Industry Co, Ltd. is active in the construction sector worldwide. It operates through single-family homes; Rental housing; Condominiums; Existing houses; Commercial facilities; Logistics, commercial and corporate facilities; and other industries. The company builds single-family homes; rents houses; develops, manages and sells condominiums; buys, renovates and resells existing houses; develops commercial facilities; develops and builds logistics, commercial and corporate facilities; and provides real estate agency services.

See also

Get news and reviews for Daiwa House Industry Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for Daiwa House Industry and related companies with MarketBeat.com’s FREE daily newsletter.