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

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

Denka Price Performance

Shares of OTCMKTS DENKF remained flat at $17.75 during mid-day trading on Monday. The stock’s 50-day moving average is $17.75 and its 200 day moving average is $17.75. Denka has a 12-month low of $17.75 and a 12-month high of $17.75.

About Denka

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.