Sawai Group Holdings Co., Ltd. (OTCMKTS:SWGHF) Sees Large Increase in Short Interest

Sawai Group Holdings Co., Ltd. (OTCMKTS:SWGHF) saw a significant growth in short interest during the month of August. As of August 15th, there was short interest totalling 34,000 shares, a growth of 86.8% from the July 31st total of 18,200 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Sawai Group Price Performance

OTCMKTS SWGHF remained flat at $40.20 during trading hours on Wednesday. The firm has a fifty day moving average of $40.14 and a 200 day moving average of $36.07. Sawai Group has a one year low of $38.18 and a one year high of $41.43.

Shares of Sawai Group are set to split before the market opens on Monday, September 30th. The 3-1 split was announced on Monday, September 30th. The newly minted shares will be distributed to shareholders after the market closes on Monday, September 30th.

About Sawai Group

Sawai Group Holdings Co, Ltd., together with subsidiaries, engages in the research and development, manufacturing, and marketing of generic pharmaceuticals. The company offers generic drugs in various dosage forms, including tablets, oral dispersing tablets, capsules, granules, injectables, tapes, ophthalmic or nasal solutions, syrups, and other forms for various therapeutic areas comprising cardiovascular, gastro-intestinal, blood/body fluid, other metabolic, antibiotics, central nervous system, antiallergics, anti-cancer, urogenital organs and anus, chemotherapeutic and antineoplastic agents, respiratory system, etc., as well as vitamin preparations.