Short Interest in Sumitomo Pharma Co., Ltd. (OTCMKTS:DNPUF) Declines By 11.6%

Sumitomo Pharma Co., Ltd. (OTCMKTS:DNPUF) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 3,093,100 shares, a drop of 11.6% from the November 30th total of 3,497,400 shares. Based on an average daily trading volume, of 3,800 shares, the days-to-cover ratio is presently 814.0 days.

Sumitomo Pharma Stock Performance

Shares of OTCMKTS:DNPUF opened at $4.13 on Monday. The company has a fifty day simple moving average of $4.07 and a 200 day simple moving average of $3.59. Sumitomo Pharma has a 12-month low of $1.99 and a 12-month high of $4.50.

About Sumitomo Pharma

Sumitomo Pharma Co, Ltd. engages in the manufacture and sale of pharmaceuticals, food ingredients and additives, veterinary medicines, and others in Japan, North America, China, and internationally. The company offers pharmaceutical products, such as therapeutic agents for Parkinson's disease, uterine fibroids, depression, type 2 diabetes, systemic fungal infection, hypertension, pruritus, advanced prostate cancer, overactive bladder, chronic obstructive pulmonary disease, angina pectoris, and arrhythmia.