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

Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKFGet Free Report) saw a large growth in short interest in 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 trading volume, of 40 shares, the short-interest ratio is presently 4,348.9 days. Based on an average daily trading volume, of 40 shares, the short-interest ratio is presently 4,348.9 days.

Nippon Shinyaku Stock Performance

Nippon Shinyaku stock remained flat at $37.75 during midday trading on Friday. The business’s 50 day simple moving average is $37.37 and its 200-day simple moving average is $28.63. Nippon Shinyaku has a twelve month low of $21.00 and a twelve month high of $38.01.

Nippon Shinyaku Company Profile

(Get Free Report)

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.

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