Dowa Holdings Co., Ltd. (OTCMKTS:DWMNF) Short Interest Up 32.5% in March

Dowa Holdings Co., Ltd. (OTCMKTS:DWMNFGet Free Report) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 32,200 shares, a growth of 32.5% from the March 15th total of 24,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Dowa Stock Performance

Dowa stock opened at $30.30 on Monday. Dowa has a 12-month low of $30.30 and a 12-month high of $37.00. The firm’s fifty day moving average is $30.44 and its 200 day moving average is $30.86.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley downgraded Dowa to an “underweight” rating in a research report on Wednesday.

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Dowa Company Profile

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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.

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