Daihen Corp (OTCMKTS:DAIPF) Sees Significant Drop in Short Interest

Daihen Corp (OTCMKTS:DAIPF) saw a large decline in short interest in November. As of November 30th, there was short interest totalling 17,400 shares, a decline of 87.7% from the November 15th total of 141,200 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Daihen Price Performance

Shares of OTCMKTS:DAIPF remained flat at C$51.55 during trading hours on Friday. Daihen has a 12 month low of C$51.55 and a 12 month high of C$51.55. The business has a fifty day moving average price of C$51.55 and a 200-day moving average price of C$46.61.

Daihen Company Profile

DAIHEN Corporation manufactures and sells transformers, welding machines, and industrial and clean transport robots. The company operates through Power Equipment Business, Welding & Mechatronics Business, Semiconductor-related Equipment Business, and Others segments. It offers transformers, power distribution equipment, power distribution equipment, solar inverters, and others; and welding/cutting machines, such as CO2/MAG, TIG, MIG, DC/AC, plasma welding and cutting, submerged arc, and resistance welding machines, as well as welding and cutting torches, peripheral devices for welding, thermal spray machines, and welding accessories.