Daicel Co. (OTCMKTS:DACHF) Sees Large Decline in Short Interest

Daicel Co. (OTCMKTS:DACHFGet Rating) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 451,100 shares, a drop of 10.4% from the August 15th total of 503,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Daicel Stock Up 1.5 %

OTCMKTS:DACHF opened at $6.12 on Monday. The firm’s 50-day moving average price is $6.12 and its 200-day moving average price is $6.51. Daicel has a 1-year low of $6.03 and a 1-year high of $6.56.

Daicel Company Profile

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Daicel Corporation manufactures and sells cellulosic derivatives, organic chemicals, plastics, pyrotechnic devices, and other products in Japan, Asia, North America, and Europe. It operates through Medical/Healthcare, Smart, Safety, Materials, Engineering Plastics, and Others segments. The company offers 1,3-Butylene glycol, polyglycerin, and thickener for cosmetics; natural health food materials and supplements; and chiral and achiral columns, chiral reagents, bio reagents, and DNA and RNA-based probes, as well as analytical/purification/synthesis/formulation services, and analytical tools services for pharmaceuticals.

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