Daihen Corp (OTCMKTS:DAIPF – Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 113,810 shares, a growth of 219.5% from the July 15th total of 35,622 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ? days.
Daihen Price Performance
DAIPF stock remained flat at C$118.34 during midday trading on Friday. Daihen has a 52 week low of C$51.55 and a 52 week high of C$118.40. The company’s fifty day moving average price is C$118.34 and its two-hundred day moving average price is C$84.00.
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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