Daicel Co. (OTCMKTS:DACHF) Short Interest Up 52.5% in August

Daicel Co. (OTCMKTS:DACHFGet Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 15th, there was short interest totalling 410,500 shares, an increase of 52.5% from the July 31st total of 269,100 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Daicel Price Performance

Shares of OTCMKTS:DACHF remained flat at $8.52 during trading on Friday. Daicel has a one year low of $7.80 and a one year high of $8.52. The company has a 50-day moving average of $8.52 and a 200 day moving average of $8.52.

About Daicel

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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.

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