Dowa Holdings Co., Ltd. (OTCMKTS:DWMNF) Sees Significant Decrease in Short Interest

Dowa Holdings Co., Ltd. (OTCMKTS:DWMNFGet Free Report) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 52,986 shares, a drop of 57.9% from the July 30th total of 125,986 shares. Based on an average trading volume of 8 shares, the days-to-cover ratio is presently 6,623.2 days.

Dowa Price Performance

Shares of DWMNF remained flat at $62.00 during mid-day trading on Friday. The company has a 50-day moving average price of $62.00 and a 200 day moving average price of $61.21. Dowa has a 52 week low of $46.73 and a 52 week high of $75.00.

About Dowa

(Get Free Report)

Dowa Holdings Co, Ltd., trading as DWMNF on the OTC Markets in the U.S., is a Japanese industrial firm specializing in the production and processing of nonferrous metals, electronic materials and environmental services. The company’s nonferrous metals division mines, smelts and refines copper, zinc, lead and precious metals, supplying raw and processed materials to industries such as automotive, telecommunications and construction. Through in-house smelting and refining facilities, Dowa also recycles metal-bearing scrap and electronic waste to recover valuable metals and reduce environmental impact.

Beyond metals, Dowa operates an electronics materials segment that manufactures high-purity copper, aluminum and specialty alloys, along with sputtering targets, plating solutions and ceramic components for semiconductors, flat-panel displays and electronic devices.

Further Reading

Receive News & Ratings for Dowa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dowa and related companies with MarketBeat.com's FREE daily email newsletter.