Denka Company Limited (OTCMKTS:DENKF) Sees Significant Drop in Short Interest

Denka Company Limited (OTCMKTS:DENKF) saw a significant decrease in short interest during the month of November. As of November 30th, there was short interest totalling 370,300 shares, a decrease of 13.9% from the November 15th total of 430,100 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is currently 205.7 days.

Denka Stock Performance

OTCMKTS:DENKF remained flat at $17.75 during mid-day trading on Monday. Denka has a 52-week low of $17.75 and a 52-week high of $17.75. The company has a fifty day moving average of $17.75 and a 200 day moving average of $17.75.

Denka Company Profile

Denka Company Limited manufactures and sells organic and inorganic materials to electronic materials and pharmaceuticals in Japan and internationally. The company’s Electronics & Innovative Products division provides conductive agents for lithium for lithium-ion batteries, thermal materials and substrates, functional ceramics, films, and tapes.