Short Interest in Daikin Industries,Ltd. (OTCMKTS:DKILY) Drops By 94.9%

Daikin Industries,Ltd. (OTCMKTS:DKILY) was the recipient of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 41,100 shares, a decline of 94.9% from the January 15th total of 804,800 shares. Based on an average daily trading volume, of 1,293,300 shares, the days-to-cover ratio is presently 0.0 days.

Daikin Industries,Ltd. Trading Down 2.6 %

DKILY opened at $10.46 on Thursday. The business’s 50 day moving average price is $11.66 and its 200 day moving average price is $12.19. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.23 and a current ratio of 1.90. The stock has a market capitalization of $30.66 billion, a PE ratio of 18.35, a P/E/G ratio of 2.13 and a beta of 1.00. Daikin Industries,Ltd. has a one year low of $10.37 and a one year high of $16.32.

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

Daikin Industries,Ltd. Company Profile

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.