Daicel Co. (OTCMKTS:DACHF) Sees Significant Increase in Short Interest

Daicel Co. (OTCMKTS:DACHF) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 487,400 shares, an increase of 13.8% from the December 15th total of 428,200 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Daicel Price Performance

OTCMKTS:DACHF remained flat at $8.52 during mid-day trading on Friday. Daicel has a 52-week low of $7.80 and a 52-week high of $8.52. The business’s 50 day moving average is $8.52 and its 200-day moving average is $8.52.

Daicel Company Profile

Daicel Corporation engages in the materials, medical/healthcare, smart, safety, engineering plastics, and other businesses in Japan, China, and internationally. The company offers acetic acid, acetic acid derivative chemicals, acetate tow, acetic anhydride, thioglycolic acid, caprolactone derivatives, methyl 3-methoxyacrylate, cycloaliphatic epoxies, alkylamines comprising diethylhydroxyamine, and 1,3-butylene glycol, as well as cellulose acetate; and Actranza Lab, a drug delivery device.