Otsuka Co. (OTCMKTS:OSUKF) Short Interest Up 146.7% in May

Otsuka Co. (OTCMKTS:OSUKFGet Free Report) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 1,037,875 shares, a growth of 146.7% from the April 30th total of 420,688 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Otsuka Price Performance

Shares of OTCMKTS OSUKF opened at $20.77 on Tuesday. The business has a fifty day moving average price of $20.76 and a two-hundred day moving average price of $20.76. Otsuka has a fifty-two week low of $19.00 and a fifty-two week high of $21.57.

Otsuka Company Profile

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Otsuka Holdings Co, Ltd., traded as OSUKF on the OTC Market, is a global healthcare group headquartered in Tokyo, Japan. The company operates through its principal subsidiary, Otsuka Pharmaceutical Co, Ltd., and is primarily engaged in the research, development and commercialization of pharmaceutical products and nutraceuticals. Its product portfolio spans central nervous system therapies, cardiovascular and metabolic treatments, nephrology, and oncology, alongside a range of consumer wellness goods such as nutritional beverages and dietary supplements.

The origins of the Otsuka group date back to 1921 with the founding of its predecessor firm, and in 2008 the current holding company structure was established to streamline governance and strategic direction.

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