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

Daicel Co. (OTCMKTS:DACHFGet Free Report) saw a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 249,300 shares, an increase of 29.2% from the November 15th total of 193,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Daicel Price Performance

OTCMKTS:DACHF remained flat at $8.52 on Friday. The company has a fifty day moving average of $8.52 and a two-hundred day moving average of $8.52. Daicel has a 52-week low of $7.80 and a 52-week high of $8.52.

About Daicel

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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.

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