Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF) Short Interest Update

Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 73,337 shares, a growth of 37.1% from the March 15th total of 53,487 shares. Based on an average daily volume of 150 shares, the short-interest ratio is presently 488.9 days.

Nippon Shinyaku Stock Performance

NPNKF opened at $31.40 on Thursday. Nippon Shinyaku has a fifty-two week low of $31.40 and a fifty-two week high of $32.00. The firm has a 50-day moving average of $35.02 and a 200 day moving average of $31.51.

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.