Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKF) Sees Large Decline in Short Interest

Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKF) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 338,400 shares, a drop of 28.7% from the November 30th total of 474,400 shares. Based on an average trading volume of 1,100 shares, the short-interest ratio is currently 307.6 days.

Otsuka Stock Performance

Otsuka stock remained flat at $57.15 during trading on Friday. The business’s 50 day simple moving average is $60.05 and its 200 day simple moving average is $47.59. Otsuka has a one year low of $57.15 and a one year high of $66.15.

About Otsuka

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.