Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF – Get Free Report) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 149,007 shares, a drop of 59.7% from the September 30th total of 369,872 shares. Based on an average daily volume of 964 shares, the short-interest ratio is presently 154.6 days.
Nippon Shinyaku Price Performance
OTCMKTS:NPNKF opened at $23.12 on Thursday. The firm’s 50 day moving average is $23.39 and its 200 day moving average is $29.19. Nippon Shinyaku has a 12 month low of $23.10 and a 12 month high of $32.00.
Nippon Shinyaku Company Profile
Nippon Shinyaku Co, Ltd. is a Japan-based pharmaceutical and food products company headquartered in Kyoto. Founded in 1919, the company develops, manufactures and markets prescription medicines, with a focus on specialty treatments in areas such as hematology, urology, oncology and rare diseases.
Nippon Shinyaku’s pharmaceutical portfolio includes therapies for blood disorders and other serious medical conditions. Through its U.S. subsidiary, NS Pharma, the company markets Viltepso (viltolarsen), an exon-skipping treatment for certain patients with Duchenne muscular dystrophy.
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