Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF – Get Free Report) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 149,007 shares, a decline of 59.7% from the September 30th total of 369,872 shares. Based on an average trading volume of 964 shares, the days-to-cover ratio is presently 154.6 days.
Nippon Shinyaku Stock Performance
OTCMKTS NPNKF opened at $23.12 on Thursday. The company has a fifty day moving average price of $23.39 and a 200-day moving average price of $29.19. Nippon Shinyaku has a 1 year low of $23.10 and a 1 year high of $32.00.
About Nippon Shinyaku
Nippon Shinyaku Co, Ltd. is a Japan-based pharmaceutical and food products company headquartered in Kyoto. Founded in 1919, the company develops, manufactures and markets prescription medicines, with a focus on specialty treatments in areas such as hematology, urology, oncology and rare diseases.
Nippon Shinyaku’s pharmaceutical portfolio includes therapies for blood disorders and other serious medical conditions. Through its U.S. subsidiary, NS Pharma, the company markets Viltepso (viltolarsen), an exon-skipping treatment for certain patients with Duchenne muscular dystrophy.
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