Short Interest in Shionogi & Co., Ltd. (OTCMKTS:SGIOF) Drops By 42.9%

Shionogi & Co., Ltd. (OTCMKTS:SGIOF) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 1,701,300 shares, a drop of 42.9% from the October 31st total of 2,977,700 shares. Based on an average daily volume of 2,100 shares, the short-interest ratio is presently 810.1 days.

Shionogi & Co., Ltd. Stock Performance

Shares of SGIOF remained flat at $12.41 during midday trading on Thursday. The stock had a trading volume of 2,001 shares, compared to its average volume of 2,544. Shionogi & Co., Ltd. has a fifty-two week low of $12.34 and a fifty-two week high of $17.83. The company has a 50-day moving average price of $18.04 and a 200-day moving average price of $34.32.

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.