Daicel Co. (OTCMKTS:DACHF – Get Free Report) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 152,782 shares, a drop of 76.8% from the May 31st total of 658,317 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ? days.
Daicel Stock Performance
Shares of OTCMKTS DACHF opened at $8.00 on Friday. Daicel has a twelve month low of $8.00 and a twelve month high of $8.49. The company has a 50 day moving average of $8.01 and a 200 day moving average of $8.29.
Daicel Company Profile
Daicel Chemical Industries, Ltd. operates as a diversified specialty chemicals manufacturer headquartered in Osaka, Japan. The company is organized around three core segments: Cellulosic Derivatives & Products, Organic Chemicals & Polymer Products, and Pyrotechnic Devices & Safety Systems. Through its international network of subsidiaries and affiliates, Daicel serves customers in the automotive, pharmaceutical, packaging, electronics, agriculture and consumer goods industries.
In its Cellulosic Derivatives & Products division, Daicel produces cellulose acetate tow, the primary raw material for cigarette filters, along with cellulose acetate butyrate used in coatings, adhesives and films.
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