Dai Nippon Printing Co., Ltd. (OTCMKTS:DNPLY) Sees Large Drop in Short Interest

by · The Cerbat Gem

Dai Nippon Printing Co., Ltd. (OTCMKTS:DNPLYGet 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

(Get Free Report)

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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