Dowa Holdings Co., Ltd. (OTCMKTS:DWMNF – Get Free Report) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 25,680 shares, a drop of 54.1% from the September 30th total of 55,923 shares. Based on an average trading volume of 27 shares, the days-to-cover ratio is presently 951.1 days.
Dowa Stock Performance
Shares of DWMNF stock remained flat at $50.90 during mid-day trading on Friday. Dowa has a 1-year low of $49.34 and a 1-year high of $56.60. The firm has a 50-day moving average of $56.53 and a two-hundred day moving average of $58.87.
Dowa Company Profile
Dowa Holdings Co, Ltd. is a Japanese materials and environmental services company formerly known as Dowa Mining Co, Ltd. The company traces its origins to 1884, when it began as a mining operation, and has since expanded into a diversified industrial group focused on the sustainable use and processing of resources.
Dowa’s businesses include nonferrous metals, environmental management and recycling, electronic materials, metal processing, and heat treatment. Its products and services support industries such as automotive manufacturing, electronics, communications, energy, and industrial equipment.
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