Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKF) Sees Significant Decline in Short Interest

Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKF) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 233,200 shares, a drop of 19.7% from the February 13th total of 290,500 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 2,332.0 days.

Otsuka Stock Performance

Shares of OTSKF remained flat at $46.93 during mid-day trading on Tuesday. The stock’s 50-day moving average price is $49.81 and its 200 day moving average price is $51.97. Otsuka has a 52-week low of $45.77 and a 52-week high of $66.15.

Otsuka Company Profile

Otsuka Holdings Co, Ltd. engages in the pharmaceuticals, nutraceuticals, consumer products, and other businesses worldwide. The company develops pharmaceutical products in the fields of psychiatry, neurology, oncology, cardiovascular and renal system, digestive system, ophthalmology, and diagnostics, as well as intravenous solutions and medical devices.