Otsuka Co. (OTCMKTS:OSUKF) Sees Large Decline in Short Interest

Otsuka Co. (OTCMKTS:OSUKF) was the recipient of a significant decrease in short interest in November. As of November 30th, there was short interest totalling 75,600 shares, a decrease of 17.8% from the November 15th total of 92,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 756.0 days.

Otsuka Price Performance

Shares of OSUKF remained flat at $20.95 during trading hours on Friday. The business has a 50-day moving average of $21.79 and a 200 day moving average of $21.39. Otsuka has a 12-month low of $31.05 and a 12-month high of $44.50.

Otsuka Company Profile

Otsuka Corporation, together with its subsidiaries, operates as an information technology (IT) platformer in Japan. It operates through System Integration Business, and Service and Support Business segments. The System Integration Business segment offers management systems and collaborative software, such as ERP packages and groupware to cover a range of specialized fields, including CAD and web technologies; and software, hardware, intranet, and security products for the construction and expansion of computer networks, as well as intermediary services between manufacturers and system integrators.