Daicel Co. (OTCMKTS:DACHF – Get Free Report) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 76,636 shares, a decline of 42.6% from the August 31st total of 133,401 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Daicel Price Performance
OTCMKTS:DACHF remained flat at $9.38 on Thursday. Daicel has a 12-month low of $8.00 and a 12-month high of $9.38. The business has a fifty day moving average price of $8.64 and a 200-day moving average price of $8.30.
About Daicel
Daicel Corporation is a Japan-based chemical company that develops and manufactures specialty materials, functional chemicals and safety-related products. Its portfolio includes cellulose derivatives, acetate tow used in cigarette filters, organic chemicals, engineering plastics and other high-performance materials serving industrial and consumer applications.
The company is also known for its automotive safety systems business, which supplies inflators and related pyrotechnic devices for airbags and seat-belt systems.
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