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

Otsuka Co. (OTCMKTS:OSUKF) saw a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 72,800 shares, a decline of 30.5% from the January 15th total of 104,700 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Otsuka Price Performance

Shares of OTCMKTS OSUKF remained flat at $20.95 during trading on Friday. Otsuka has a 1-year low of $31.05 and a 1-year high of $44.50. The business has a 50-day simple moving average of $20.95 and a 200 day simple moving average of $21.39.

About Otsuka

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.