Short Interest in Shin Nippon Biomedical Laboratories, Ltd. (OTCMKTS:SBLOF) Decreases By 44.9%

Shin Nippon Biomedical Laboratories, Ltd. (OTCMKTS:SBLOFGet Free Report) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 25,129 shares, a drop of 44.9% from the August 15th total of 45,628 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Shin Nippon Biomedical Laboratories Stock Performance

OTCMKTS SBLOF opened at $7.00 on Tuesday. Shin Nippon Biomedical Laboratories has a one year low of $7.00 and a one year high of $9.16. The business’s fifty day moving average is $7.00 and its 200-day moving average is $8.23.

Shin Nippon Biomedical Laboratories Company Profile

(Get Free Report)

Shin Nippon Biomedical Laboratories, Ltd. (OTCMKTS: SBLOF) is a Japan‐based contract research organization specializing in nonclinical safety assessment for the pharmaceutical, biotechnology and agrochemical industries. Established in 1978 and headquartered in Kagoshima, the company provides a range of preclinical testing services designed to support drug development from early discovery through regulatory submission. SBLOF is known for its adherence to Good Laboratory Practice (GLP) standards and its focus on high‐quality data generation and compliance.

The company’s core services include toxicology studies, pharmacokinetics and bioanalysis, safety pharmacology, pathology and genetic toxicology.

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