Daicel Co. (OTCMKTS:DACHF – Get Free Report) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 173,601 shares, an increase of 177.5% from the June 30th total of 62,561 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.
Daicel Price Performance
Shares of OTCMKTS DACHF opened at $8.00 on Monday. The firm’s 50-day moving average is $8.00 and its two-hundred day moving average is $8.23. Daicel has a 12-month low of $8.00 and a 12-month high of $8.49.
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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