Daihen Corp (OTCMKTS:DAIPF) Sees Large Growth in Short Interest

Daihen Corp (OTCMKTS:DAIPF) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 141,200 shares, a growth of 10.4% from the October 31st total of 127,900 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Daihen Price Performance

OTCMKTS DAIPF remained flat at C$51.55 during trading hours on Tuesday. The firm has a fifty day moving average of C$51.55 and a 200 day moving average of C$45.72. Daihen has a one year low of C$51.55 and a one year high of C$51.55.

About Daihen

DAIHEN Corporation manufactures and sells transformers, welding machines, and industrial and clean transport robots. The company operates through Power Equipment Business, Welding & Mechatronics Business, Semiconductor-related Equipment Business, and Others segments. It offers transformers, power distribution equipment, power distribution equipment, solar inverters, and others; and welding/cutting machines, such as CO2/MAG, TIG, MIG, DC/AC, plasma welding and cutting, submerged arc, and resistance welding machines, as well as welding and cutting torches, peripheral devices for welding, thermal spray machines, and welding accessories.