Short Interest in Daihen Corp (OTCMKTS:DAIPF) Rises By 15.9%

Daihen Corp (OTCMKTS:DAIPF) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 115,200 shares, an increase of 15.9% from the September 30th total of 99,400 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Daihen Stock Performance

OTCMKTS DAIPF opened at C$51.55 on Tuesday. Daihen has a twelve month low of C$51.55 and a twelve month high of C$51.55. The firm has a 50-day simple moving average of C$51.55 and a 200 day simple moving average of C$42.34.

Daihen Company Profile

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.