Short Interest in Daicel Co. (OTCMKTS:DACHF) Declines By 27.2%

Daicel Co. (OTCMKTS:DACHF) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 126,300 shares, a decrease of 27.2% from the September 30th total of 173,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Daicel Stock Performance

Shares of Daicel stock remained flat at $8.52 during trading on Friday. The company’s 50-day moving average is $8.52 and its 200-day moving average is $8.52. Daicel has a 52-week low of $7.80 and a 52-week high of $8.52.

Daicel Company Profile

Daicel Corporation engages in the materials, medical/healthcare, smart, safety, engineering plastics, and other businesses in Japan, China, and internationally. The company offers acetic acid, acetic acid derivative chemicals, acetate tow, acetic anhydride, thioglycolic acid, caprolactone derivatives, methyl 3-methoxyacrylate, cycloaliphatic epoxies, alkylamines comprising diethylhydroxyamine, and 1,3-butylene glycol, as well as cellulose acetate; and Actranza Lab, a drug delivery device.