Daicel Co. (OTCMKTS:DACHF – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 133,060 shares, a growth of 73.6% from the September 15th total of 76,636 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Daicel Price Performance
Shares of OTCMKTS:DACHF remained flat at $9.38 during midday trading on Thursday. Daicel has a fifty-two week low of $8.00 and a fifty-two week high of $9.38. The company has a 50-day moving average of $8.91 and a two-hundred day moving average of $8.37.
About Daicel
Daicel Corporation is a Japan-based chemical company that develops and manufactures functional materials, chemical products and specialized components for industrial and consumer applications. The company traces its origins to 1919, when several cellulose-related businesses combined, and has evolved from a cellulose manufacturer into a diversified materials and technology group.
Daicel’s businesses include cellulose derivatives and acetate tow used in applications such as pharmaceutical coatings, food ingredients and cigarette filters; engineering plastics and other high-performance resins; and chemical products used in manufacturing and healthcare.
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