Otsuka Co. (OTCMKTS:OSUKF) Sees Significant Growth in Short Interest

Otsuka Co. (OTCMKTS:OSUKF) saw a large increase in short interest in February. As of February 15th, there was short interest totalling 104,000 shares, an increase of 42.9% from the January 31st total of 72,800 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Otsuka Stock Performance

Shares of OTCMKTS OSUKF remained flat at $23.04 during midday trading on Monday. The business’s 50-day moving average price is $21.08 and its 200-day moving average price is $21.44. Otsuka has a one year low of $23.04 and a one year high of $44.50.

Otsuka Company Profile

Otsuka Corporation, together with its subsidiaries, operates as an information technology (IT) platformer in Japan. It operates through System Integration Business, and Service and Support Business segments. The System Integration Business segment offers management systems and collaborative software, such as ERP packages and groupware to cover a range of specialized fields, including CAD and web technologies; and software, hardware, intranet, and security products for the construction and expansion of computer networks, as well as intermediary services between manufacturers and system integrators.