Short Interest in Daihen Corp (OTCMKTS:DAIPF) Declines By 54.8%

Daihen Corp (OTCMKTS:DAIPF) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 66,284 shares, a decrease of 54.8% from the June 15th total of 146,732 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ? days.

Daihen Stock Performance

Shares of Daihen stock opened at C$118.34 on Thursday. The company’s fifty day simple moving average is C$115.67 and its 200-day simple moving average is C$74.13. Daihen has a 1-year low of C$51.55 and a 1-year high of C$118.40.

About Daihen

Daihen Corporation is a Japan?based industrial technology company specializing in welding and cutting systems, industrial robots and power distribution equipment. Founded in 1919 and headquartered in Osaka, the company has built a reputation for delivering advanced automation and energy solutions to manufacturers and utilities worldwide. Daihen’s offerings span from manual welding machines to fully integrated production lines, reflecting over a century of engineering expertise.

In the welding and cutting segment, Daihen designs and manufactures a wide range of products including arc welding power sources, laser welding and cutting systems, and programmable welding machines.