Towa Pharmaceutical Co., Ltd. (OTCMKTS:TWAPF) Sees Significant Growth in Short Interest

Towa Pharmaceutical Co., Ltd. (OTCMKTS:TWAPF) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 23,700 shares, an increase of 51.0% from the March 31st total of 15,700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 237.0 days.

Towa Pharmaceutical Stock Performance

Shares of OTCMKTS:TWAPF opened at $16.83 on Wednesday. Towa Pharmaceutical has a 52 week low of $16.83 and a 52 week high of $24.35. The firm’s fifty day moving average is $21.34 and its 200-day moving average is $23.31.

Towa Pharmaceutical Company Profile

Towa Pharmaceutical Co, Ltd., together with its subsidiaries, researches, develops, produces, and sells ethical drugs, active pharmaceutical ingredients, and intermediates in Japan. The company provides its products in the therapeutic areas of digestive system, nervous system, and allergic diseases, as well as vitamins, antibiotics, and oncology products.