Sanofi (OTCMKTS:SNYNF) Sees Large Drop in Short Interest

Sanofi (OTCMKTS:SNYNF) saw a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 204,100 shares, a decrease of 62.5% from the December 15th total of 544,800 shares. Based on an average trading volume of 47,600 shares, the days-to-cover ratio is presently 4.3 days.

Sanofi Price Performance

SNYNF traded down $0.88 on Monday, hitting $98.40. 6,172 shares of the company were exchanged, compared to its average volume of 2,062. The firm has a fifty day simple moving average of $97.01 and a two-hundred day simple moving average of $103.42. Sanofi has a 12 month low of $90.45 and a 12 month high of $119.65.

About Sanofi

Sanofi, a healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally. It operates through Pharmaceuticals, Vaccines, and Consumer Healthcare segments. The company provides specialty care, such as DUPIXENT, neurology and immunology, rare diseases, oncology, and rare blood disorders; medicines for diabetes and cardiovascular diseases; and established prescription products.