Short Interest in Otsuka Co. (OTCMKTS:OSUKF) Increases By 146.7%

Otsuka Co. (OTCMKTS:OSUKFGet Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,037,875 shares, a growth of 146.7% from the April 30th total of 420,688 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Otsuka Stock Performance

OSUKF opened at $20.77 on Friday. Otsuka has a 12 month low of $19.00 and a 12 month high of $21.57. The business’s 50-day moving average price is $20.76 and its 200-day moving average price is $20.75.

About Otsuka

(Get Free Report)

Otsuka Holdings Co, Ltd., traded as OSUKF on the OTC Market, is a global healthcare group headquartered in Tokyo, Japan. The company operates through its principal subsidiary, Otsuka Pharmaceutical Co, Ltd., and is primarily engaged in the research, development and commercialization of pharmaceutical products and nutraceuticals. Its product portfolio spans central nervous system therapies, cardiovascular and metabolic treatments, nephrology, and oncology, alongside a range of consumer wellness goods such as nutritional beverages and dietary supplements.

The origins of the Otsuka group date back to 1921 with the founding of its predecessor firm, and in 2008 the current holding company structure was established to streamline governance and strategic direction.

Further Reading

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