Short Interest in Ono Pharmaceutical Co., Ltd. (OTCMKTS:OPHLY) Drops By 55.2%

Ono Pharmaceutical Co., Ltd. (OTCMKTS:OPHLYGet Free Report) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 9,742 shares, a drop of 55.2% from the August 15th total of 21,732 shares. Based on an average trading volume of 41,401 shares, the days-to-cover ratio is presently 0.2 days.

Ono Pharmaceutical Stock Performance

Shares of OPHLY opened at $5.00 on Monday. Ono Pharmaceutical has a one year low of $3.71 and a one year high of $5.75. The firm has a 50 day simple moving average of $5.01 and a two-hundred day simple moving average of $5.00.

Ono Pharmaceutical Company Profile

(Get Free Report)

Ono Pharmaceutical Co, Ltd. is a Japan-based pharmaceutical company engaged in the research, development, manufacturing and marketing of prescription drugs and diagnostics. Headquartered in Osaka, the company traces its origins to the early 18th century and has grown into a global specialty‐pharmaceutical firm. Its product portfolio spans oncology, immunology, allergy and inflammatory diseases, with a notable focus on novel immunotherapies.

In oncology, Ono Pharmaceutical is best known for co‐developing and commercializing nivolumab (Opdivo), an anti–PD‐1 immune checkpoint inhibitor developed in partnership with Bristol‐Myers Squibb.

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