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

Dowa Holdings Co., Ltd. (OTCMKTS:DWMNF) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 97,756 shares, an increase of 257.5% from the June 30th total of 27,348 shares. Based on an average trading volume of 16 shares, the short-interest ratio is currently 6,109.8 days.

Dowa Price Performance

Shares of OTCMKTS DWMNF remained flat at $62.00 during mid-day trading on Friday. Dowa has a fifty-two week low of $46.73 and a fifty-two week high of $75.00. The stock has a 50-day simple moving average of $62.00 and a 200 day simple moving average of $58.76.

About Dowa

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.