Otsuka Co. (OTCMKTS:OSUKF) Sees Large Drop in Short Interest

Otsuka Co. (OTCMKTS:OSUKF) saw a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 72,800 shares, a decrease of 30.5% from the January 15th total of 104,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.

Otsuka Stock Performance

Shares of OTCMKTS OSUKF remained flat at $20.95 during trading hours on Friday. The firm’s 50-day moving average is $20.95 and its 200-day moving average is $21.39. Otsuka has a 12 month low of $31.05 and a 12 month high of $44.50.

About Otsuka

Otsuka Corporation, together with its subsidiaries, operates as an information technology (IT) platformer in Japan. It operates through System Integration Business, and Service and Support Business segments. The System Integration Business segment offers management systems and collaborative software, such as ERP packages and groupware to cover a range of specialized fields, including CAD and web technologies; and software, hardware, intranet, and security products for the construction and expansion of computer networks, as well as intermediary services between manufacturers and system integrators.