Short Interest in Shionogi & Co., Ltd. (OTCMKTS:SGIOF) Grows By 17.6%

Shionogi & Co., Ltd. (OTCMKTS:SGIOF) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 2,977,700 shares, a growth of 17.6% from the October 15th total of 2,531,500 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is presently 1,985.1 days.

Shionogi & Co., Ltd. Stock Performance

Shares of Shionogi & Co., Ltd. stock traded up $0.84 during midday trading on Friday, reaching $13.71. The company had a trading volume of 300 shares, compared to its average volume of 2,644. The stock has a fifty day simple moving average of $23.30 and a 200 day simple moving average of $36.33. Shionogi & Co., Ltd. has a 1-year low of $12.34 and a 1-year high of $17.83.

Shionogi & Co., Ltd. Company Profile

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.