Otsuka Co. (OTCMKTS:OSUKF) Sees Large Increase in Short Interest

by · The Cerbat Gem

Otsuka Co. (OTCMKTS:OSUKF – Get Free Report) was the target of a significant growth in short interest in May. As of May 15th, there was short interest totaling 1,037,875 shares, a growth of 146.7% from the April 30th total of 420,688 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Otsuka Price Performance

Shares of OTCMKTS:OSUKF remained flat at $20.77 on Monday. Otsuka has a 1-year low of $19.00 and a 1-year high of $21.57. The business’s 50-day moving average price is $20.76 and its 200 day moving average price is $20.76.

About Otsuka

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Otsuka Holdings Co, Ltd., traded as OSUKF on the OTC Market, is a global healthcare group headquartered in Tokyo, Japan. The company operates through its principal subsidiary, Otsuka Pharmaceutical Co, Ltd., and is primarily engaged in the research, development and commercialization of pharmaceutical products and nutraceuticals. Its product portfolio spans central nervous system therapies, cardiovascular and metabolic treatments, nephrology, and oncology, alongside a range of consumer wellness goods such as nutritional beverages and dietary supplements.

The origins of the Otsuka group date back to 1921 with the founding of its predecessor firm, and in 2008 the current holding company structure was established to streamline governance and strategic direction.

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