Daicel Co. (OTCMKTS:DACHF – Get Free Report) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 33,567 shares, a decrease of 54.3% from the July 30th total of 73,384 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Daicel Stock Performance
Shares of OTCMKTS DACHF remained flat at $8.00 during midday trading on Friday. Daicel has a 12-month low of $8.00 and a 12-month high of $8.49. The company has a 50 day moving average price of $8.00 and a 200 day moving average price of $8.15.
About Daicel
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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