Ono Pharmaceutical Co., Ltd. (OTCMKTS:OPHLY) Sees Large Decrease in Short Interest

Ono Pharmaceutical Co., Ltd. (OTCMKTS:OPHLYGet Free Report) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 9,742 shares, a decrease of 55.2% from the August 15th total of 21,732 shares. Based on an average trading volume of 41,401 shares, the days-to-cover ratio is currently 0.2 days.

Ono Pharmaceutical Stock Up 0.2%

Shares of OPHLY stock opened at $5.01 on Tuesday. The stock has a fifty day moving average of $5.01 and a 200 day moving average of $5.00. Ono Pharmaceutical has a 52 week low of $3.71 and a 52 week high of $5.75.

About Ono Pharmaceutical

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Ono Pharmaceutical Co, Ltd. is a Japan-based pharmaceutical company engaged in the research, development, manufacturing and marketing of prescription drugs and diagnostics. Headquartered in Osaka, the company traces its origins to the early 18th century and has grown into a global specialty?pharmaceutical firm. Its product portfolio spans oncology, immunology, allergy and inflammatory diseases, with a notable focus on novel immunotherapies.

In oncology, Ono Pharmaceutical is best known for co?developing and commercializing nivolumab (Opdivo), an anti–PD?1 immune checkpoint inhibitor developed in partnership with Bristol?Myers Squibb.

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