Yakult Honsha Co.,Ltd. (OTCMKTS:YKLTY) Short Interest Down 71.9% in December
by Sarita Garza · The Markets DailyYakult Honsha Co.,Ltd. (OTCMKTS:YKLTY – Get Free Report) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 1,152 shares, a decline of 71.9% from the November 30th total of 4,098 shares. Based on an average daily trading volume, of 4,303 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 4,303 shares, the days-to-cover ratio is currently 0.3 days.
Yakult Honsha Co.,Ltd. Price Performance
YKLTY opened at $7.84 on Friday. The stock’s 50-day moving average price is $7.86 and its 200 day moving average price is $8.35. Yakult Honsha Co.,Ltd. has a 12-month low of $7.02 and a 12-month high of $11.70.
Yakult Honsha Co.,Ltd. Company Profile
Yakult Honsha Co, Ltd. is a Japanese multinational corporation best known for its flagship probiotic beverage, Yakult. Founded in 1935 by microbiologist Dr. Minoru Shirota, the company pioneered the development of the Lactobacillus casei Shirota strain, which remains at the core of its functional dairy products. Over the decades, Yakult Honsha has expanded its portfolio to include a range of fermented milk drinks, nutritional supplements, and related health‐oriented foods.
A key pillar of Yakult Honsha’s strategy is research and development.