Short Interest in Denka Company Limited (OTCMKTS:DENKF) Increases By 8.2%

Denka Company Limited (OTCMKTS:DENKFGet Free Report) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 804,900 shares, a growth of 8.2% from the March 15th total of 743,600 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 8,049.0 days.

Denka Price Performance

Shares of DENKF stock opened at $17.75 on Wednesday. The stock has a 50 day simple moving average of $17.75 and a 200-day simple moving average of $19.00. Denka has a 12-month low of $17.75 and a 12-month high of $17.75.

Denka Company Profile

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Denka Company Limited manufactures and sells organic and inorganic materials to electronic materials and pharmaceuticals in Japan and internationally. The company's Electronics & Innovative Products division provides conductive agents for lithium for lithium-ion batteries, thermal materials and substrates, functional ceramics, films, and tapes.

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