Daihen Corp (OTCMKTS:DAIPF) Short Interest Up 15.9% in October

Daihen Corp (OTCMKTS:DAIPF) was the target of a large increase in short interest in 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 trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Daihen Price Performance

Daihen stock remained flat at C$51.55 during mid-day trading on Wednesday. Daihen has a 12 month low of C$51.55 and a 12 month high of C$51.55. The business’s 50 day moving average price is C$51.55 and its two-hundred day moving average price is C$42.47.

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.