Dai-ichi Life Holdings, Inc. (OTCMKTS:DCNSF) Sees Significant Drop in Short Interest

Dai-ichi Life Holdings, Inc. (OTCMKTS:DCNSF) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 173,800 shares, a drop of 46.5% from the October 31st total of 324,900 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 869.0 days.

Dai-ichi Life Stock Performance

Shares of DCNSF remained flat at $24.41 during mid-day trading on Thursday. 400 shares of the stock traded hands, compared to its average volume of 1,170. The stock has a 50 day moving average of $25.35 and a 200-day moving average of $25.49. Dai-ichi Life has a 12 month low of $24.41 and a 12 month high of $25.00.

Dai-ichi Life Company Profile

Dai-ichi Life Holdings, Inc, together its subsidiaries, provides insurance products in Japan, the United States, and internationally. It operates through Domestic Life Insurance Business, Overseas Insurance Business, and Other Business segments. The company offers individual life insurance and annuities.