Sanwa Holdings Co. (OTCMKTS:SNWAF) Sees Large Drop in Short Interest

Sanwa Holdings Co. (OTCMKTS:SNWAF) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 68,300 shares, a drop of 76.5% from the October 31st total of 290,700 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Sanwa Price Performance

SNWAF stock remained flat at $15.17 during midday trading on Wednesday. The business’s fifty day simple moving average is $15.17 and its two-hundred day simple moving average is $15.17. Sanwa has a 1-year low of $13.25 and a 1-year high of $15.17.

Sanwa Company Profile

Sanwa Holdings Corporation, through its subsidiaries, manufactures and sells steel construction materials for commercial and residential construction in Japan, North America, Europe, and Asia. It offers lightweight shutters, condominium doors, window shutters, exterior products, heavy-duty shutters, steel doors, partitions, stainless steel products, garage doors, operators, overhead doors, shutters, automatic doors, trucks/trailers, hinge doors, industrial doors, dock levelers, and aluminum store fronts, as well as maintenance services.