Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKY) Sees Significant Increase in Short Interest

Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKY) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 4,900 shares, a growth of 32.4% from the September 15th total of 3,700 shares. Based on an average daily volume of 50,300 shares, the days-to-cover ratio is presently 0.1 days.

Otsuka Stock Performance

OTCMKTS OTSKY traded down $0.01 on Friday, reaching $29.65. The company had a trading volume of 47,899 shares, compared to its average volume of 33,000. Otsuka has a 12 month low of $16.04 and a 12 month high of $31.14. The firm’s 50 day moving average price is $28.27 and its 200 day moving average price is $23.67.

Otsuka Company Profile

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.