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Otsuka Holdings Co., Ltd. - Unsponsored ADR (OTCMKTS:OTSKY) Short Interest Up 55.3% in July

Otsuka logo with Medical background

Key Points

  • Otsuka Holdings experienced a 55.3% increase in short interest during July, rising from 21,900 shares to 34,000 shares.
  • As of July 15th, the days-to-cover ratio stands at 0.3 days, based on an average daily volume of 117,700 shares.
  • Otsuka stock is currently priced at $25.85, with a 52-week high of $32.41 and a market capitalization of $27.77 billion.
  • Want stock alerts on Otsuka? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Otsuka Holdings Co., Ltd. - Unsponsored ADR (OTCMKTS:OTSKY - Get Free Report) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 34,000 shares, agrowthof55.3% from the June 30th total of 21,900 shares. Based on an average daily volume of 117,700 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 117,700 shares, the days-to-cover ratio is presently 0.3 days.

Otsuka Stock Up 3.8%

OTSKY stock opened at $25.85 on Thursday. Otsuka has a 52 week low of $21.64 and a 52 week high of $32.41. The company has a fifty day simple moving average of $23.95 and a two-hundred day simple moving average of $24.59. The firm has a market capitalization of $27.77 billion and a P/E ratio of 0.17.

About Otsuka

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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