Denka Company Limited (OTCMKTS:DENKF – Get Free Report) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,225,775 shares, an increase of 63.6% from the April 30th total of 749,189 shares. Based on an average daily trading volume, of 3 shares, the days-to-cover ratio is presently 408,591.7 days.
Denka Price Performance
Shares of Denka stock opened at $18.24 on Wednesday. The business has a fifty day simple moving average of $18.24 and a two-hundred day simple moving average of $18.18. Denka has a 1 year low of $17.75 and a 1 year high of $18.24.
About Denka
Denka Company Limited is a Tokyo‐based specialty chemical manufacturer with roots dating back to its founding in 1915. Originally established as Denki Kagaku Kogyo, the company has grown into a diversified supplier of high‐performance materials and chemical products. Denka serves a broad spectrum of industries, including automotive, electronics, construction, agriculture and water treatment, leveraging over a century of evolving expertise in polymer chemistry and advanced materials science.
The company’s core offerings are organized into several business segments.
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