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

Daicel Co. (OTCMKTS:DACHF) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 428,200 shares, an increase of 71.8% from the November 30th total of 249,300 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Daicel Price Performance

Shares of DACHF stock remained flat at $8.52 during trading on Friday. The business’s 50 day moving average is $8.52 and its 200 day moving average is $8.52. Daicel has a one year low of $7.80 and a one 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.