Short Interest in Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKY) Decreases By 26.9%

Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKY) was the recipient of a large drop in short interest in February. As of February 28th, there was short interest totalling 7,900 shares, a drop of 26.9% from the February 13th total of 10,800 shares. Based on an average daily trading volume, of 105,300 shares, the days-to-cover ratio is presently 0.1 days.

Otsuka Price Performance

Shares of Otsuka stock traded up $0.38 during mid-day trading on Tuesday, hitting $26.40. 109,763 shares of the stock were exchanged, compared to its average volume of 48,030. The company has a 50-day simple moving average of $25.42 and a 200 day simple moving average of $27.66. Otsuka has a 12 month low of $19.30 and a 12 month high of $32.41.

Otsuka Company Profile

Otsuka Holdings Co, Ltd. engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide. The company develops pharmaceutical products in the fields of psychiatry, neurology, oncology, cardiovascular and renal system, digestive system, ophthalmology, and diagnostics, as well as intravenous solutions and medical devices.