Daicel Co. (OTCMKTS:DACHF – Get Free Report) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 173,601 shares, a growth of 177.5% from the June 30th total of 62,561 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ? days.
Daicel Price Performance
DACHF remained flat at $8.00 on Tuesday. The stock’s fifty day moving average price is $8.00 and its 200 day moving average price is $8.23. Daicel has a 52-week low of $8.00 and a 52-week high of $8.49.
About Daicel
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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