Daikin Industries,Ltd. (OTCMKTS:DKILY) Short Interest Up 611.3% in December

Daikin Industries,Ltd. (OTCMKTS:DKILY) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 37,700 shares, an increase of 611.3% from the November 30th total of 5,300 shares. Based on an average daily trading volume, of 1,190,000 shares, the days-to-cover ratio is currently 0.0 days.

Daikin Industries,Ltd. Trading Up 3.4 %

Daikin Industries,Ltd. stock opened at $11.58 on Friday. The company has a 50 day moving average price of $11.96 and a 200 day moving average price of $12.84. The firm has a market capitalization of $33.94 billion, a price-to-earnings ratio of 19.97, a P/E/G ratio of 2.01 and a beta of 1.00. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.07 and a current ratio of 1.90. Daikin Industries,Ltd. has a 52 week low of $10.89 and a 52 week high of $17.14.

Daikin Industries,Ltd. (OTCMKTS:DKILY) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.20 EPS for the quarter. Daikin Industries,Ltd. had a net margin of 5.56% and a return on equity of 8.64%. The business had revenue of $8.35 billion during the quarter, compared to the consensus estimate of $7.66 billion. Research analysts forecast that Daikin Industries,Ltd. will post 0.58 EPS for the current year.

About Daikin Industries,Ltd.

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.