Sanofi (OTCMKTS:SNYNF) Sees Significant Increase in Short Interest

Sanofi (OTCMKTS:SNYNF) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 535,800 shares, an increase of 90.3% from the March 15th total of 281,500 shares. Based on an average trading volume of 50,900 shares, the days-to-cover ratio is currently 10.5 days.

Sanofi Price Performance

SNYNF stock traded up $2.99 during trading on Friday, hitting $103.94. 259 shares of the company’s stock were exchanged, compared to its average volume of 4,983. The business has a 50-day moving average price of $109.58 and a two-hundred day moving average price of $104.09. Sanofi has a 52-week low of $91.81 and a 52-week high of $122.03.

Sanofi Company Profile

Sanofi, a healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally. It operates through Pharmaceuticals, Vaccines, and Consumer Healthcare segments. The company provides specialty care, such as DUPIXENT, neurology and immunology, rare diseases, oncology, and rare blood disorders; medicines for diabetes and cardiovascular diseases; and established prescription products.