Short Interest in Dowa Holdings Co., Ltd. (OTCMKTS:DWMNF) Drops By 57.9%

Dowa Holdings Co., Ltd. (OTCMKTS:DWMNF) was the recipient of a significant drop in short interest in 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 short-interest ratio is currently 6,623.2 days.

Dowa Stock Performance

Shares of OTCMKTS DWMNF opened at $62.00 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 fifty day moving average of $62.00 and a 200-day moving average of $61.20.

Dowa Company Profile

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.