Short Interest in Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKF) Declines By 33.5%

Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKF) was the target of a significant decrease in short interest in the month of August. As of August 15th, there was short interest totaling 403,500 shares, adecreaseof33.5% from the July 31st total of 606,400 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 4,035.0 days. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 4,035.0 days.

Otsuka Stock Performance

Shares of OTCMKTS:OTSKF remained flat at $44.40 during midday trading on Monday. 19 shares of the stock traded hands, compared to its average volume of 1,026. The stock’s 50 day simple moving average is $45.65 and its 200 day simple moving average is $46.99. Otsuka has a 52-week low of $44.40 and a 52-week high of $66.15.

About Otsuka

Otsuka Holdings Co, Ltd. engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide. The company develops pharmaceutical products in the fields of psychiatry, neurology, oncology, cardiovascular and renal system, digestive system, ophthalmology, and diagnostics, as well as intravenous solutions and medical devices.