Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKY) Short Interest Up 27.6% in September

Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKY) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 3,700 shares, a growth of 27.6% from the August 31st total of 2,900 shares. Based on an average trading volume of 55,500 shares, the days-to-cover ratio is currently 0.1 days.

Otsuka Stock Performance

Otsuka stock traded down $0.69 during mid-day trading on Friday, reaching $27.93. 22,166 shares of the company’s stock were exchanged, compared to its average volume of 33,425. The business’s fifty day simple moving average is $27.39 and its 200 day simple moving average is $23.08. Otsuka has a one year low of $16.04 and a one year high of $31.14.

Otsuka Company Profile

Otsuka Holdings Co, Ltd. engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide. The company develops pharmaceutical products in the fields of psychiatry, neurology, oncology, cardiovascular and renal system, digestive system, ophthalmology, and diagnostics, as well as intravenous solutions and medical devices.