Otsuka Co. (OTCMKTS:OSUKF) Sees Large Decline in Short Interest

Otsuka Co. (OTCMKTS:OSUKF) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 75,600 shares, a decrease of 17.8% from the November 15th total of 92,000 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 756.0 days.

Otsuka Stock Performance

Shares of OSUKF stock remained flat at $20.95 during trading on Friday. The stock has a 50-day moving average of $21.79 and a two-hundred day moving average of $21.39. Otsuka has a 1-year low of $31.05 and a 1-year high of $44.50.

About Otsuka

Otsuka Corporation, together with its subsidiaries, operates as an information technology (IT) platformer in Japan. It operates through System Integration Business, and Service and Support Business segments. The System Integration Business segment offers management systems and collaborative software, such as ERP packages and groupware to cover a range of specialized fields, including CAD and web technologies; and software, hardware, intranet, and security products for the construction and expansion of computer networks, as well as intermediary services between manufacturers and system integrators.