Short Interest in Denka Company Limited (OTCMKTS:DENKF) Declines By 13.9%

Denka Company Limited (OTCMKTS:DENKF) was the target of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 370,300 shares, a decline of 13.9% from the November 15th total of 430,100 shares. Based on an average trading volume of 1,800 shares, the days-to-cover ratio is currently 205.7 days.

Denka Price Performance

Shares of Denka stock remained flat at $17.75 on Monday. Denka has a twelve month low of $17.75 and a twelve month high of $17.75. The company has a 50-day simple moving average of $17.75 and a 200 day simple moving average of $17.75.

Denka Company Profile

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.