Short Interest in Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF) Rises By 63.2%

Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKFGet Free Report) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 375,212 shares, an increase of 63.2% from the July 15th total of 229,961 shares. Based on an average daily volume of 117 shares, the short-interest ratio is presently 3,206.9 days.

Nippon Shinyaku Price Performance

NPNKF stock traded down $0.24 during trading hours on Monday, reaching $23.50. 500 shares of the stock were exchanged, compared to its average volume of 700. The firm’s 50-day moving average is $24.95 and its 200-day moving average is $30.72. Nippon Shinyaku has a 12 month low of $23.10 and a 12 month high of $32.00.

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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