Daikin Industries,Ltd. (OTCMKTS:DKILY) Sees Large Increase in Short Interest

Daikin Industries,Ltd. (OTCMKTS:DKILY) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 173,700 shares, a growth of 594.8% from the March 15th total of 25,000 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,264,200 shares, the days-to-cover ratio is presently 0.1 days.

Daikin Industries,Ltd. Trading Up 1.7 %

OTCMKTS DKILY opened at $11.18 on Tuesday. The company has a current ratio of 1.90, a quick ratio of 1.23 and a debt-to-equity ratio of 0.15. Daikin Industries,Ltd. has a 1-year low of $9.90 and a 1-year high of $16.32. The stock has a 50-day moving average of $10.94 and a 200-day moving average of $11.71. The firm has a market cap of $32.77 billion, a PE ratio of 19.61, a price-to-earnings-growth ratio of 2.03 and a beta of 1.03.

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