Shionogi & Co., Ltd. (OTCMKTS:SGIOF) Sees Large Decline in Short Interest

Shionogi & Co., Ltd. (OTCMKTS:SGIOF) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 2,662,200 shares, a drop of 13.1% from the February 13th total of 3,064,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 26,622.0 days.

Shionogi & Co., Ltd. Price Performance

Shares of SGIOF opened at $13.45 on Thursday. The company’s 50-day simple moving average is $13.95 and its 200-day simple moving average is $18.12. Shionogi & Co., Ltd. has a 1 year low of $12.21 and a 1 year high of $16.53.

About Shionogi & Co., Ltd.

Shionogi & Co, Ltd. engages in the research, development, manufacture, and distribution of pharmaceuticals, diagnostic reagents, and medical devices in Japan. It offers Fetroja, a multidrug-resistant for gram-negative bacterial infection treatment; Cabenuva and Apretude an anti-HIV and HIV prophylactic drug; Xocova an oral COVID-19 treatment drug; Finibax a carbapenem antibiotic; Xofluza, an influenza antiviral drug; and Tivicay, an anti-HIV drug.