Dowa Holdings Co., Ltd. (OTCMKTS:DWMNF – Get Free Report) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 25,680 shares, a decline of 54.1% from the September 30th total of 55,923 shares. Based on an average daily trading volume, of 27 shares, the short-interest ratio is presently 951.1 days.
Dowa Stock Performance
Shares of OTCMKTS DWMNF remained flat at $50.90 during trading on Friday. The company’s 50-day moving average price is $56.53 and its 200 day moving average price is $58.87. Dowa has a twelve month low of $49.34 and a twelve month high of $56.60.
About Dowa
Dowa Holdings Co, Ltd. is a Japanese materials and environmental services company formerly known as Dowa Mining Co, Ltd. The company traces its origins to 1884, when it began as a mining operation, and has since expanded into a diversified industrial group focused on the sustainable use and processing of resources.
Dowa’s businesses include nonferrous metals, environmental management and recycling, electronic materials, metal processing, and heat treatment. Its products and services support industries such as automotive manufacturing, electronics, communications, energy, and industrial equipment.
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