Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF) Sees Significant Increase in Short Interest

Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 44,100 shares, a growth of 247.2% from the February 28th total of 12,700 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Nippon Shinyaku Stock Performance

Shares of NPNKF opened at $41.82 on Friday. The business’s fifty day moving average price is $41.82 and its 200 day moving average price is $42.01. Nippon Shinyaku has a 12-month low of $55.55 and a 12-month high of $56.45.

Nippon Shinyaku Company Profile

Nippon Shinyaku Co, Ltd. manufactures and sells pharmaceuticals and foodstuffs in Japan and internationally. The company operates through Pharmaceuticals and Functional Food Business segments. Its Pharmaceuticals Business segment offers drugs in the fields of urology, hematology, intractable and rare diseases, gynecology, and other diseases.