Daicel Co. (OTCMKTS:DACHF) Sees Large Growth in Short Interest

Daicel Co. (OTCMKTS:DACHF) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 428,200 shares, a growth of 71.8% from the November 30th total of 249,300 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Daicel Stock Performance

DACHF remained flat at $8.52 on Friday. Daicel has a 12-month low of $7.80 and a 12-month high of $8.52. The stock’s 50 day simple moving average is $8.52 and its 200 day simple moving average is $8.52.

About Daicel

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.