Santen Pharmaceutical Co., Ltd. (OTCMKTS:SNPHY) Sees Large Decrease in Short Interest
by Michael Walen · The Markets DailySanten Pharmaceutical Co., Ltd. (OTCMKTS:SNPHY – Get Free Report) saw a significant decline in short interest in August. As of August 15th, there was short interest totaling 100 shares, adeclineof93.3% from the July 31st total of 1,500 shares. Based on an average daily volume of 8,600 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 8,600 shares, the days-to-cover ratio is currently 0.0 days.
Santen Pharmaceutical Stock Up 1.7%
SNPHY traded up $0.18 during mid-day trading on Tuesday, reaching $10.77. The stock had a trading volume of 2,621 shares, compared to its average volume of 6,916. Santen Pharmaceutical has a 52 week low of $8.65 and a 52 week high of $13.00. The firm’s fifty day simple moving average is $11.07 and its two-hundred day simple moving average is $10.46.
About Santen Pharmaceutical
Santen Pharmaceutical Co, Ltd. engages in the research and development, manufacture, and marketing of pharmaceuticals and medical devices in Japan and internationally. Its product portfolio includes tafluprost/timolol maleate, a prostaglandin F2a derivative and a beta-adrenergic receptor blocker; and netarsudil mesilate and latanoprost, a prostaglandin F2a derivative which is marketing approval phase for the treatment of glaucoma and ocular hypertension.
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