Short Interest in Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF) Increases By 89.1%

Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKFGet Free Report) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 116,473 shares, a growth of 89.1% from the April 15th total of 61,597 shares. Based on an average trading volume of 55 shares, the short-interest ratio is currently 2,117.7 days.

Nippon Shinyaku Price Performance

Shares of NPNKF stock remained flat at $31.40 during trading hours on Monday. The business’s 50-day simple moving average is $32.48 and its two-hundred day simple moving average is $32.66. Nippon Shinyaku has a 12 month low of $31.40 and a 12 month high of $32.00.

Nippon Shinyaku Company Profile

(Get Free Report)

Nippon Shinyaku Co, Ltd. operates as a research-driven pharmaceutical company headquartered in Kyoto, Japan. It specializes in the discovery, development, manufacture and marketing of therapeutic drugs across multiple therapeutic areas, including urology, hematology, oncology and internal medicine. The company’s business model integrates in-house research capabilities with strategic collaborations to bring novel small-molecule and biologic products to market.

Established in 1909 by entrepreneur Yorisuke Tsuji, Nippon Shinyaku has evolved from a domestic manufacturer into a global healthcare enterprise.

Recommended Stories

Receive News & Ratings for Nippon Shinyaku Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nippon Shinyaku and related companies with MarketBeat.com's FREE daily email newsletter.