Short Interest in Daikin Industries,Ltd. (OTCMKTS:DKILY) Expands By 155.1%

Daikin Industries,Ltd. (OTCMKTS:DKILY) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 25,000 shares, an increase of 155.1% from the February 28th total of 9,800 shares. Based on an average daily trading volume, of 939,200 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Daikin Industries,Ltd. Price Performance

OTCMKTS:DKILY traded down $0.09 during trading hours on Thursday, reaching $11.25. 398,952 shares of the company were exchanged, compared to its average volume of 624,316. The company has a market capitalization of $32.98 billion, a P/E ratio of 19.74, a P/E/G ratio of 2.03 and a beta of 1.04. Daikin Industries,Ltd. has a 1-year low of $10.13 and a 1-year high of $16.32. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.90 and a quick ratio of 1.23. The business has a 50 day moving average of $11.26 and a 200 day moving average of $11.89.

Daikin Industries,Ltd. (OTCMKTS:DKILY) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.08 earnings per share (EPS) for the quarter. Daikin Industries,Ltd. had a net margin of 5.37% and a return on equity of 8.15%. Research 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.