Short Interest in Denka Company Limited (OTCMKTS:DENKF) Rises By 14.2%

Denka Company Limited (OTCMKTS:DENKF) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 430,100 shares, an increase of 14.2% from the October 31st total of 376,600 shares. Based on an average trading volume of 1,300 shares, the short-interest ratio is presently 330.8 days.

Denka Price Performance

Shares of OTCMKTS DENKF remained flat at $17.75 during mid-day trading on Friday. The stock has a 50-day moving average price of $17.75 and a 200 day moving average price of $17.75. Denka has a one year low of $17.75 and a one year high of $17.75.

Denka Company Profile

Denka Company Limited manufactures and sells organic and inorganic materials to electronic materials and pharmaceuticals in Japan and internationally. The company’s Electronics & Innovative Products division provides conductive agents for lithium for lithium-ion batteries, thermal materials and substrates, functional ceramics, films, and tapes.