Nippon Shinyaku Co., Ltd. (OTCMKTS:NPNKF – Get Free Report) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 116,473 shares, an increase of 89.1% from the April 15th total of 61,597 shares. Based on an average daily volume of 55 shares, the short-interest ratio is presently 2,117.7 days.
Nippon Shinyaku Price Performance
OTCMKTS:NPNKF remained flat at $31.40 during trading hours on Friday. The firm has a fifty day simple moving average of $32.48 and a 200-day simple moving average of $32.58. Nippon Shinyaku has a 1-year low of $31.40 and a 1-year high of $32.00.
About Nippon Shinyaku
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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