Daihen Corp (OTCMKTS:DAIPF – Get Free Report) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 35,622 shares, a decrease of 46.3% from the June 30th total of 66,284 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.
Daihen Stock Performance
Shares of OTCMKTS:DAIPF remained flat at C$118.34 during midday trading on Friday. The stock’s 50 day moving average is C$118.34 and its 200 day moving average is C$79.30. Daihen has a twelve month low of C$51.55 and a twelve month high of C$118.40.
About Daihen
Daihen Corporation is a Japan‐based industrial technology company specializing in welding and cutting systems, industrial robots and power distribution equipment. Founded in 1919 and headquartered in Osaka, the company has built a reputation for delivering advanced automation and energy solutions to manufacturers and utilities worldwide. Daihen’s offerings span from manual welding machines to fully integrated production lines, reflecting over a century of engineering expertise.
In the welding and cutting segment, Daihen designs and manufactures a wide range of products including arc welding power sources, laser welding and cutting systems, and programmable welding machines.
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