Yakult Honsha Co.,Ltd. (OTCMKTS:YKLTY) Sees Significant Growth in Short Interest

Yakult Honsha Co.,Ltd. (OTCMKTS:YKLTYGet Free Report) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,858 shares, an increase of 107.6% from the April 30th total of 895 shares. Based on an average daily volume of 1,948 shares, the short-interest ratio is presently 1.0 days.

Yakult Honsha Co.,Ltd. Price Performance

OTCMKTS:YKLTY opened at $8.23 on Monday. The stock’s 50 day simple moving average is $8.61 and its 200-day simple moving average is $8.29. Yakult Honsha Co.,Ltd. has a 12-month low of $7.02 and a 12-month high of $11.39.

About Yakult Honsha Co.,Ltd.

(Get Free Report)

Yakult Honsha Co, Ltd. is a Japanese multinational corporation best known for its flagship probiotic beverage, Yakult. Founded in 1935 by microbiologist Dr. Minoru Shirota, the company pioneered the development of the Lactobacillus casei Shirota strain, which remains at the core of its functional dairy products. Over the decades, Yakult Honsha has expanded its portfolio to include a range of fermented milk drinks, nutritional supplements, and related health?oriented foods.

A key pillar of Yakult Honsha’s strategy is research and development.

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