Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF – Get Free Report) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 173,956 shares, an increase of 141.9% from the January 15th total of 71,910 shares. Based on an average daily trading volume, of 40 shares, the short-interest ratio is currently 4,348.9 days. Based on an average daily trading volume, of 40 shares, the short-interest ratio is currently 4,348.9 days.
Nippon Shinyaku Stock Performance
Shares of NPNKF stock remained flat at $37.75 during trading on Thursday. Nippon Shinyaku has a 12 month low of $21.00 and a 12 month high of $38.01. The company has a 50-day moving average price of $37.13 and a 200-day moving average price of $28.56.
Nippon Shinyaku Company Profile
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.
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