Short Interest in Shin Nippon Biomedical Laboratories, Ltd. (OTCMKTS:SBLOF) Declines By 21.4%

Shin Nippon Biomedical Laboratories, Ltd. (OTCMKTS:SBLOF) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 419,700 shares, a decline of 21.4% from the August 15th total of 533,800 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Shin Nippon Biomedical Laboratories Stock Performance

Shares of OTCMKTS SBLOF opened at $16.97 on Tuesday. Shin Nippon Biomedical Laboratories has a one year low of $16.97 and a one year high of $16.97. The firm’s 50 day simple moving average is $16.97 and its two-hundred day simple moving average is $16.97.

Shin Nippon Biomedical Laboratories Company Profile

Shin Nippon Biomedical Laboratories, Ltd., a contract research organization, engages in the transactional research and medipolis businesses in Japan and internationally. It offers non-clinical studies, including single/repeated dose toxicity studies, antigenicity studies, skin sensitization studies, genotoxicity studies, carcinogenicity studies, local irritation studies, inhalation toxicity studies, TK studies, characteristic studies, stability studies, dependence studies, reproductive and developmental toxicity studies, safety pharmacological studies, and pharmacokinetic studies.