Dai-ichi Life Holdings, Inc. (OTCMKTS:DCNSF) Sees Large Drop in Short Interest

Dai-ichi Life Holdings, Inc. (OTCMKTS:DCNSF) was the target of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 324,900 shares, a decrease of 14.3% from the October 15th total of 379,300 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 3,249.0 days.

Dai-ichi Life Stock Performance

Shares of Dai-ichi Life stock remained flat at $25.48 on Friday. Dai-ichi Life has a 1-year low of $17.93 and a 1-year high of $30.00. The firm’s 50-day moving average price is $25.48 and its two-hundred day moving average price is $25.44.

About Dai-ichi Life

Dai-ichi Life Holdings, Inc, together its subsidiaries, provides insurance products in Japan, the United States, and internationally. It operates through Domestic Life Insurance Business, Overseas Insurance Business, and Other Business segments. The company offers individual life insurance and annuities.