Shin Nippon Biomedical Laboratories, Ltd. (OTCMKTS:SBLOF) Stock Short Interest Falls 64.0%

Shin Nippon Biomedical Laboratories, Ltd. (OTCMKTS:SBLOF – Get Free Report) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 7,513 shares, a decline of 64.0% from the September 15th total of 20,863 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Shin Nippon Biomedical Laboratories Price Performance

Shares of SBLOF opened at $7.00 on Wednesday. Shin Nippon Biomedical Laboratories has a 1 year low of $7.00 and a 1 year high of $9.16. The stock has a 50 day simple moving average of $7.00 and a two-hundred day simple moving average of $7.78.

Shin Nippon Biomedical Laboratories Company Profile

(Get Free Report)

Shin Nippon Biomedical Laboratories Co, Ltd. (OTCMKTS:SBLOF) is a Japan-based contract research organization (CRO) that provides research and development support to pharmaceutical, biotechnology and other healthcare companies. Its services are designed to help clients evaluate the safety, effectiveness and development potential of drugs and other medical products.

The company’s activities include nonclinical research, laboratory testing, bioanalysis, clinical trial support and related consulting services.

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