Short Interest in Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKF) Drops By 13.0%

Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKF) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 357,400 shares, a decline of 13.0% from the December 31st total of 410,600 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 1,787.0 days.

Otsuka Stock Performance

Shares of Otsuka stock opened at $50.00 on Monday. Otsuka has a 1 year low of $50.00 and a 1 year high of $66.15. The firm’s 50-day simple moving average is $55.79 and its 200-day simple moving average is $50.27.

About Otsuka

Otsuka Holdings Co, Ltd. engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide. The company develops pharmaceutical products in the fields of psychiatry, neurology, oncology, cardiovascular and renal system, digestive system, ophthalmology, and diagnostics, as well as intravenous solutions and medical devices.