Dowa Holdings Co., Ltd. (OTCMKTS:DWMNF) Stock Short Interest Falls 54.1%

Dowa Holdings Co., Ltd. (OTCMKTS:DWMNF) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totaling 25,680 shares, a decline of 54.1% from the September 30th total of 55,923 shares. Based on an average trading volume of 27 shares, the short-interest ratio is presently 951.1 days.

Dowa Price Performance

Shares of OTCMKTS:DWMNF remained flat at $50.90 during trading on Friday. The firm’s 50-day simple moving average is $56.75 and its 200 day simple moving average is $58.85. Dowa has a 1-year low of $49.34 and a 1-year high of $56.60.

About Dowa

Dowa Holdings Co, Ltd. is a Japanese materials and environmental services company formerly known as Dowa Mining Co, Ltd. The company traces its origins to 1884, when it began as a mining operation, and has since expanded into a diversified industrial group focused on the sustainable use and processing of resources.

Dowa’s businesses include nonferrous metals, environmental management and recycling, electronic materials, metal processing, and heat treatment. Its products and services support industries such as automotive manufacturing, electronics, communications, energy, and industrial equipment.