Otsuka Co. (OTCMKTS:OSUKF – Get Free Report) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 420,688 shares, a drop of 49.1% from the April 15th total of 826,439 shares. Based on an average daily trading volume, of 2 shares, the days-to-cover ratio is presently 210,344.0 days.
Otsuka Stock Performance
OTCMKTS OSUKF remained flat at $20.77 during trading on Friday. Otsuka has a 12 month low of $19.00 and a 12 month high of $21.57. The business’s fifty day moving average is $20.76 and its 200-day moving average is $20.69.
About Otsuka
Otsuka Holdings Co, Ltd., traded as OSUKF on the OTC Market, is a global healthcare group headquartered in Tokyo, Japan. The company operates through its principal subsidiary, Otsuka Pharmaceutical Co, Ltd., and is primarily engaged in the research, development and commercialization of pharmaceutical products and nutraceuticals. Its product portfolio spans central nervous system therapies, cardiovascular and metabolic treatments, nephrology, and oncology, alongside a range of consumer wellness goods such as nutritional beverages and dietary supplements.
The origins of the Otsuka group date back to 1921 with the founding of its predecessor firm, and in 2008 the current holding company structure was established to streamline governance and strategic direction.
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