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

Daicel Co. (OTCMKTS:DACHF) was the target of a significant increase in short interest in 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 trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Daicel Price Performance

Daicel stock remained flat at $8.52 during midday trading on Friday. The firm’s 50 day moving average price is $8.52 and its two-hundred day moving average price is $8.52. Daicel has a 1 year low of $7.80 and a 1 year 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.