Short Interest in Denka Company Limited (OTCMKTS:DENKF) Declines By 12.1%

Denka Company Limited (OTCMKTS:DENKF) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 685,500 shares, a decline of 12.1% from the May 31st total of 780,300 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 2,285.0 days.

Denka Stock Performance

DENKF stock remained flat at $17.75 during mid-day trading on Tuesday. The business has a fifty day moving average of $17.75 and a 200 day moving average of $18.02. Denka has a 1 year low of $17.75 and a 1 year 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.