Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF) Short Interest Update
by Kim Johansen · The Markets DailyNippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF – Get Free Report) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 64,338 shares, a drop of 84.4% from the November 30th total of 413,213 shares. Based on an average daily trading volume, of 164 shares, the days-to-cover ratio is currently 392.3 days. Based on an average daily trading volume, of 164 shares, the days-to-cover ratio is currently 392.3 days.
Nippon Shinyaku Stock Performance
OTCMKTS NPNKF remained flat at $37.75 on Wednesday. Nippon Shinyaku has a one year low of $21.00 and a one year high of $38.01. The business’s fifty day moving average price is $25.99 and its 200 day moving average price is $25.50.
Nippon Shinyaku Company Profile
Nippon Shinyaku Co, Ltd. operates as a research-driven pharmaceutical company headquartered in Kyoto, Japan. It specializes in the discovery, development, manufacture and marketing of therapeutic drugs across multiple therapeutic areas, including urology, hematology, oncology and internal medicine. The company’s business model integrates in-house research capabilities with strategic collaborations to bring novel small-molecule and biologic products to market.
Established in 1909 by entrepreneur Yorisuke Tsuji, Nippon Shinyaku has evolved from a domestic manufacturer into a global healthcare enterprise.