Short Interest in Daifuku Co., Ltd. (OTCMKTS:DAIUF) Declines By 33.3%

Daifuku Co., Ltd. (OTCMKTS:DAIUFGet Free Report) saw a large drop in short interest in the month of November. As of November 15th, there was short interest totalling 568,500 shares, a drop of 33.3% from the October 31st total of 852,600 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is presently 568.5 days.

Daifuku Stock Performance

OTCMKTS DAIUF remained flat at $22.02 on Friday. The company had a trading volume of 6,400 shares, compared to its average volume of 2,078. The business has a 50-day simple moving average of $17.90 and a 200 day simple moving average of $17.92. Daifuku has a 12 month low of $15.60 and a 12 month high of $23.10.

About Daifuku

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Daifuku Co, Ltd. provides consulting, engineering, design, manufacture, installation, and after-sales services for logistics systems and material handling equipment in Japan and internationally. It offers automated storage, transport, sorting, and picking systems to distributors, including e-commerce, retail, wholesale, transportation, and warehousing customers, as well as to food, chemicals, and pharmaceuticals manufactures; and cleanroom transport and storage systems used in manufacturing semiconductors and flat panel displays for electronics companies and component manufacturers.

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