Short Interest in Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF) Rises By 89.1%

Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKFGet Free Report) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 116,473 shares, a growth of 89.1% from the April 15th total of 61,597 shares. Based on an average daily trading volume, of 55 shares, the short-interest ratio is presently 2,117.7 days.

Nippon Shinyaku Price Performance

OTCMKTS:NPNKF remained flat at $31.40 during trading hours on Friday. Nippon Shinyaku has a one year low of $31.40 and a one year high of $32.00. The company’s 50 day moving average is $32.48 and its two-hundred day moving average is $32.58.

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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