Daihen Corp (OTCMKTS:DAIPF – Get Free Report) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 35,622 shares, a drop of 46.3% from the June 30th total of 66,284 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ? days.
Daihen Stock Performance
DAIPF opened at C$118.34 on Wednesday. Daihen has a one year low of C$51.55 and a one year high of C$118.40. The business’s 50 day moving average price is C$118.34 and its 200 day moving average price is C$78.36.
Daihen Company Profile
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.
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