Daicel Co. (OTCMKTS:DACHF) Short Interest Down 57.7% in July

Daicel Co. (OTCMKTS:DACHF) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 73,384 shares, a decrease of 57.7% from the July 15th total of 173,601 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Daicel Stock Performance

Shares of OTCMKTS:DACHF opened at $8.00 on Monday. Daicel has a 52 week low of $8.00 and a 52 week high of $8.49. The company’s fifty day moving average is $8.00 and its 200-day moving average is $8.18.

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.