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Short Interest in Dai-ichi Life Holdings, Inc. (OTCMKTS:DCNSF) Drops By 60.1%

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Dai-ichi Life Holdings, Inc. (OTCMKTS:DCNSF – Get Rating) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totaling 185,400 shares, a decline of 60.1% from the March 15th total of 464,900 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is currently 618.0 days.

OTCMKTS DCNSF remained flat at $$22.49 on Friday. The firm’s fifty day simple moving average is $22.48 and its 200 day simple moving average is $21.84. Dai-ichi Life has a 12-month low of $18.50 and a 12-month high of $23.96.

Dai-ichi Life Company Profile (Get Rating)

Dai-ichi Life Holdings, Inc, through its subsidiaries, provides life insurance products in Japan, the United States, and internationally. It operates through Domestic Life Insurance Business, Overseas Insurance Business, and Other Business segments. The company offers individual life insurance and annuities, non-participating single premium whole life insurance, financial insurance and annuities, and group annuities.

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