Daihen Corp (OTCMKTS:DAIPF) Sees Significant Increase in Short Interest

Daihen Corp (OTCMKTS:DAIPF) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 26,200 shares, a growth of 104.7% from the December 15th total of 12,800 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Daihen Stock Performance

Shares of DAIPF remained flat at C$51.55 during midday trading on Tuesday. Daihen has a 52-week low of C$51.55 and a 52-week high of C$51.55. The company’s 50-day simple moving average is C$51.55 and its 200-day simple moving average is C$49.79.

Daihen Company Profile

DAIHEN Corporation manufactures and sells transformers, welding machines, and industrial and clean transport robots. The company operates through Power Equipment Business, Welding & Mechatronics Business, Semiconductor-related Equipment Business, and Others segments. It offers transformers, power distribution equipment, power distribution equipment, solar inverters, and others; and welding/cutting machines, such as CO2/MAG, TIG, MIG, DC/AC, plasma welding and cutting, submerged arc, and resistance welding machines, as well as welding and cutting torches, peripheral devices for welding, thermal spray machines, and welding accessories.