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

Daicel Co. (OTCMKTS:DACHF) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 173,400 shares, a drop of 7.9% from the September 15th total of 188,200 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Daicel Stock Performance

Shares of OTCMKTS:DACHF remained flat at $8.52 during trading hours on Wednesday. The firm’s fifty day moving average price is $8.52 and its two-hundred day moving average price is $8.52. Daicel has a 52 week low of $7.80 and a 52 week high of $8.52.

About Daicel

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.