Daihen Corp (OTCMKTS:DAIPF) Short Interest Update

Daihen Corp (OTCMKTS:DAIPFGet Free Report) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 113,810 shares, an increase of 219.5% from the July 15th total of 35,622 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Daihen Price Performance

Shares of OTCMKTS:DAIPF remained flat at C$118.34 during midday trading on Thursday. The business has a 50-day simple moving average of C$118.34 and a two-hundred day simple moving average of C$83.53. Daihen has a 12-month low of C$51.55 and a 12-month high of C$118.40.

About Daihen

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Daihen Corporation is a Japan‐based industrial technology company specializing in welding and cutting systems, industrial robots and power distribution equipment. Founded in 1919 and headquartered in Osaka, the company has built a reputation for delivering advanced automation and energy solutions to manufacturers and utilities worldwide. Daihen’s offerings span from manual welding machines to fully integrated production lines, reflecting over a century of engineering expertise.

In the welding and cutting segment, Daihen designs and manufactures a wide range of products including arc welding power sources, laser welding and cutting systems, and programmable welding machines.

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