Short Interest in Denka Company Limited (OTCMKTS:DENKF) Expands By 15.9%

Denka Company Limited (OTCMKTS:DENKF) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totalling 542,200 shares, an increase of 15.9% from the September 15th total of 467,700 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Denka Price Performance

Shares of DENKF stock remained flat at $17.75 during trading on Tuesday. The business’s 50 day moving average is $17.75 and its 200 day moving average is $17.75. Denka has a one year low of $17.75 and a one year high of $17.75.

About Denka

Denka Company Limited manufactures and sells organic and inorganic materials to electronic materials and pharmaceuticals in Japan and internationally. The company’s Electronics & Innovative Products division provides conductive agents for lithium for lithium-ion batteries, thermal materials and substrates, functional ceramics, films, and tapes.