Daicel Co. (OTCMKTS:DACHF – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 133,060 shares, an increase of 73.6% from the September 15th total of 76,636 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Daicel Stock Performance
OTCMKTS:DACHF remained flat at $9.38 during trading on Friday. The business’s fifty day moving average is $8.97 and its two-hundred day moving average is $8.38. Daicel has a 1-year low of $8.00 and a 1-year high of $9.38.
About Daicel
Daicel Corporation is a Japan-based chemical company that develops and manufactures functional materials, chemical products and specialized components for industrial and consumer applications. The company traces its origins to 1919, when several cellulose-related businesses combined, and has evolved from a cellulose manufacturer into a diversified materials and technology group.
Daicel’s businesses include cellulose derivatives and acetate tow used in applications such as pharmaceutical coatings, food ingredients and cigarette filters; engineering plastics and other high-performance resins; and chemical products used in manufacturing and healthcare.
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