Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF) Short Interest Up 141.9% in January

Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF) saw a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 173,956 shares, a growth of 141.9% from the January 15th total of 71,910 shares. Based on an average daily volume of 40 shares, the short-interest ratio is presently 4,348.9 days. Based on an average daily volume of 40 shares, the short-interest ratio is presently 4,348.9 days.

Nippon Shinyaku Stock Performance

OTCMKTS NPNKF opened at $37.75 on Friday. Nippon Shinyaku has a 12 month low of $21.00 and a 12 month high of $38.01. The company’s 50 day simple moving average is $37.61 and its 200 day simple moving average is $28.71.

About Nippon Shinyaku

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.