Otsuka Co. (OTCMKTS:OSUKF – Get Free Report) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 420,688 shares, a decrease of 49.1% from the April 15th total of 826,439 shares. Based on an average daily trading volume, of 2 shares, the days-to-cover ratio is currently 210,344.0 days.
Otsuka Stock Performance
Shares of OSUKF stock remained flat at $20.77 during mid-day trading on Friday. Otsuka has a twelve month low of $19.00 and a twelve month high of $21.57. The stock’s 50-day simple moving average is $20.76 and its two-hundred day simple moving average is $20.69.
About Otsuka
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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