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

Daicel Co. (OTCMKTS:DACHF) was the recipient of a large increase in short interest in November. As of November 15th, there was short interest totalling 193,000 shares, an increase of 77.7% from the October 31st total of 108,600 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Daicel Price Performance

OTCMKTS:DACHF opened at $8.52 on Friday. Daicel has a 52 week low of $7.80 and a 52 week high of $8.52. The firm has a 50 day moving average of $8.52 and a 200 day moving average 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.