Daicel Co. (OTCMKTS:DACHF – Get Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 62,561 shares, a decrease of 59.1% from the June 15th total of 152,782 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.
Daicel Stock Performance
Daicel stock opened at $8.00 on Thursday. Daicel has a 52-week low of $8.00 and a 52-week high of $8.49. The company’s 50 day moving average is $8.00 and its two-hundred day moving average is $8.25.
Daicel Company Profile
Daicel Chemical Industries, Ltd. operates as a diversified specialty chemicals manufacturer headquartered in Osaka, Japan. The company is organized around three core segments: Cellulosic Derivatives & Products, Organic Chemicals & Polymer Products, and Pyrotechnic Devices & Safety Systems. Through its international network of subsidiaries and affiliates, Daicel serves customers in the automotive, pharmaceutical, packaging, electronics, agriculture and consumer goods industries.
In its Cellulosic Derivatives & Products division, Daicel produces cellulose acetate tow, the primary raw material for cigarette filters, along with cellulose acetate butyrate used in coatings, adhesives and films.
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