Dai Nippon Printing Co., Ltd. (OTCMKTS:DNPLY) Sees Large Drop in Short Interest
by Amy Steele · The Cerbat GemDai Nippon Printing Co., Ltd. (OTCMKTS:DNPLY – Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 2,600 shares, a drop of 93.1% from the March 15th total of 37,900 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 26,000 shares, the short-interest ratio is currently 0.1 days.
Dai Nippon Printing Stock Performance
Shares of Dai Nippon Printing stock traded up $0.24 during mid-day trading on Monday, hitting $6.90. 28,547 shares of the stock were exchanged, compared to its average volume of 28,126. The company has a 50-day simple moving average of $7.19 and a 200 day simple moving average of $7.70. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.57 and a current ratio of 1.99. Dai Nippon Printing has a 12 month low of $6.07 and a 12 month high of $9.45. The company has a market capitalization of $7.24 billion, a P/E ratio of 8.63 and a beta of 0.43.
About Dai Nippon Printing
Dai Nippon Printing Co, Ltd. primarily engages in the printing business. The company's Information Communication segment offers books, including standard books, textbooks, dictionaries, e-books, and commemorative and memorial editions; magazines; digital marketing support services; BPR consulting and BPO services; information processing services; smart cards, payment-related services, card-related equipment, authentication and security services; and IC tags, holograms, business forms, catalogs, leaflets, brochures, calendars, point-of-purchase materials, and digital signage products, as well as operates events, stores, and contents.
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