Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF) Sees Large Growth in Short Interest

Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 44,100 shares, an increase of 247.2% from the February 28th total of 12,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Nippon Shinyaku Stock Performance

Shares of OTCMKTS:NPNKF remained flat at $41.82 during trading on Thursday. The company’s 50-day moving average is $41.82 and its two-hundred day moving average is $42.01. Nippon Shinyaku has a 52-week low of $55.55 and a 52-week high of $56.45.

About Nippon Shinyaku

Nippon Shinyaku Co, Ltd. manufactures and sells pharmaceuticals and foodstuffs in Japan and internationally. The company operates through Pharmaceuticals and Functional Food Business segments. Its Pharmaceuticals Business segment offers drugs in the fields of urology, hematology, intractable and rare diseases, gynecology, and other diseases.