Denka Company Limited (OTCMKTS:DENKF) Short Interest Up 35.3% in August

Denka Company Limited (OTCMKTS:DENKF) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 214,800 shares, an increase of 35.3% from the August 15th total of 158,800 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Denka Stock Performance

DENKF stock remained flat at $17.75 during trading hours on Friday. The business’s fifty day simple moving average is $17.75 and its 200-day simple moving average is $17.75. Denka has a fifty-two week low of $17.75 and a fifty-two week high 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.