Daicel Co. (OTCMKTS:DACHF) Stock Short Interest Declines 42.6%

Daicel Co. (OTCMKTS:DACHF – Get Free Report) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totaling 76,636 shares, a decrease of 42.6% from the August 31st total of 133,401 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Daicel Price Performance

Shares of OTCMKTS DACHF remained flat at $9.38 during trading on Wednesday. The business’s 50-day moving average is $8.61 and its 200-day moving average is $8.30. Daicel has a 12 month low of $8.00 and a 12 month high of $9.38.

About Daicel

(Get Free Report)

Daicel Corporation is a Japan-based chemical company that develops and manufactures specialty materials, functional chemicals and safety-related products. Its portfolio includes cellulose derivatives, acetate tow used in cigarette filters, organic chemicals, engineering plastics and other high-performance materials serving industrial and consumer applications.

The company is also known for its automotive safety systems business, which supplies inflators and related pyrotechnic devices for airbags and seat-belt systems.

Further Reading

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