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

Sanofi (OTCMKTS:SNYNF) was the target of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 281,500 shares, a decrease of 35.1% from the February 28th total of 434,000 shares. Based on an average daily volume of 9,700 shares, the days-to-cover ratio is presently 29.0 days.

Sanofi Stock Performance

OTCMKTS SNYNF opened at $109.84 on Friday. The firm’s 50 day simple moving average is $110.37 and its 200 day simple moving average is $105.23. Sanofi has a 1 year low of $91.34 and a 1 year 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.