Daicel Co. (OTCMKTS:DACHF – Get Free Report) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 62,561 shares, a decline of 59.1% from the June 15th total of 152,782 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Daicel Stock Performance
Daicel stock remained flat at $8.00 during mid-day trading on Tuesday. Daicel has a 52 week low of $8.00 and a 52 week high of $8.49. The business’s fifty day moving average price is $8.00 and its 200 day moving average price is $8.26.
Daicel Company Profile
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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