Daicel Co. (OTCMKTS:DACHF) Sees Large Decline in Short Interest

Daicel Co. (OTCMKTS:DACHF) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 97,600 shares, a decline of 12.6% from the February 29th total of 111,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Daicel Price Performance

Shares of OTCMKTS DACHF opened at $8.52 on Friday. Daicel has a 52-week low of $7.80 and a 52-week high of $8.52. The business’s 50 day moving average is $8.52 and its two-hundred day moving average is $8.51.

Daicel Company Profile

Daicel Corporation engages in the materials, medical/healthcare, smart, safety, engineering plastics, and other businesses in Japan, China, and internationally. The company offers acetic acid, acetic acid derivative chemicals, acetate tow, acetic anhydride, thioglycolic acid, caprolactone derivatives, methyl 3-methoxyacrylate, cycloaliphatic epoxies, alkylamines comprising diethylhydroxyamine, and 1,3-butylene glycol, as well as cellulose acetate; and Actranza Lab, a drug delivery device.