Santen Pharmaceutical Co., Ltd. (OTCMKTS:SNPHY – Get Free Report) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,503 shares, a decline of 87.7% from the May 31st total of 12,174 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 6,655 shares, the days-to-cover ratio is presently 0.2 days.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded Santen Pharmaceutical to a “hold” rating in a report on Monday, April 13th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.
Read Our Latest Research Report on Santen Pharmaceutical
Santen Pharmaceutical Trading Down 2.6%
About Santen Pharmaceutical
Santen Pharmaceutical Co, Ltd. is a Japan‐based specialty pharmaceutical company focused exclusively on ophthalmology. Headquartered in Osaka, Santen engages in the research, development, manufacture and marketing of prescription and over‐the‐counter products for the diagnosis and treatment of eye diseases. Its core product portfolio includes therapies for glaucoma, dry eye, retinal disorders, uveitis and post‐operative care, as well as surgical equipment and diagnostic agents designed to support comprehensive eye care.
With roots tracing back to the late 19th century, Santen has grown from a domestic manufacturer to a global ophthalmic specialist.
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