Dowa Holdings Co., Ltd. (OTCMKTS:DWMNF) Sees Significant Drop in Short Interest

Dowa Holdings Co., Ltd. (OTCMKTS:DWMNF) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 174,400 shares, a decline of 5.8% from the August 15th total of 185,200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Analyst Ratings Changes

Separately, Daiwa Capital Markets downgraded Dowa from a “neutral” rating to an “underperform” rating in a research report on Monday, May 29th.

Dowa Stock Performance

Shares of OTCMKTS DWMNF remained flat at $31.48 during mid-day trading on Tuesday. The firm has a 50-day simple moving average of $31.48 and a 200-day simple moving average of $31.30. Dowa has a one year low of $31.48 and a one year high of $32.11.

Dowa Company Profile

Dowa Holdings Co, Ltd. engages in the environmental management and recycling, nonferrous metals, electronic materials, metal processing, and heat treatment businesses worldwide. The company's Environmental Management & Recycling segment offers intermediate waste treatment, controlled landfilling, and soil remediation services; metal, household appliance, and automobile recycling services; consulting on environmental matters; and environmental logistics services.