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

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 volume of 69,600 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

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

Daiwa House Industry Stock Performance

Daiwa House Industry stock traded up $0.27 during mid-day trading on Thursday, hitting $30.61. 16,969 shares of the company traded hands, compared to its average volume of 46,624. The stock has a market cap of $20.19 billion, a price-to-earnings ratio of 9.87 and a beta of 0.57. Daiwa House Industry has a one year low of $24.12 and a one year high of $33.80. The stock has a fifty day moving average price of $30.50 and a 200-day moving average price of $28.73.

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.