Short Interest in Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKY) Increases By 717.1%

Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKY) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 28,600 shares, a growth of 717.1% from the February 29th total of 3,500 shares. Based on an average daily volume of 61,800 shares, the days-to-cover ratio is currently 0.5 days.

Otsuka Price Performance

Shares of Otsuka stock traded down $0.33 on Friday, hitting $20.73. The stock had a trading volume of 45,436 shares, compared to its average volume of 31,650. Otsuka has a twelve month low of $15.56 and a twelve month high of $21.34. The business’s 50 day moving average is $19.75 and its two-hundred day moving average is $18.82.

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.