Daihen Corp (OTCMKTS:DAIPF) Sees Significant Decrease in Short Interest

Daihen Corp (OTCMKTS:DAIPF) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 66,284 shares, a decline of 54.8% from the June 15th total of 146,732 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Daihen Price Performance

OTCMKTS DAIPF opened at C$118.34 on Wednesday. Daihen has a 1 year low of C$51.55 and a 1 year high of C$118.40. The business’s fifty day moving average is C$114.33 and its two-hundred day moving average is C$73.66.

Daihen Company Profile

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.