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

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

Nippon Shinyaku Stock Performance

NPNKF stock remained flat at $41.82 during mid-day trading on Friday. Nippon Shinyaku has a fifty-two week low of $55.55 and a fifty-two week high of $56.45. The firm’s fifty day moving average is $41.82 and its 200-day moving average is $42.01.

Nippon Shinyaku Company Profile

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.