Daihen Corp (OTCMKTS:DAIPF) Short Interest Up 22.8% in March

Daihen Corp (OTCMKTS:DAIPF) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 82,000 shares, a growth of 22.8% from the February 28th total of 66,800 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Daihen Stock Performance

Shares of OTCMKTS:DAIPF opened at C$51.55 on Thursday. Daihen has a 12 month low of C$51.55 and a 12 month high of C$51.55. The company’s fifty day moving average price is C$51.55 and its 200 day moving average price is C$51.55.

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.