Taisho Pharmaceutical Holdings Co., Ltd. (OTCMKTS:TAIPY) Short Interest Down 95.0% in May

Taisho Pharmaceutical Holdings Co., Ltd. (OTCMKTS:TAIPY – Get Rating) was the target of a large drop in short interest in May. As of May 15th, there was short interest totalling 100 shares, a drop of 95.0% from the April 30th total of 2,000 shares. Based on an average daily volume of 14,400 shares, the days-to-cover ratio is presently 0.0 days.

Taisho Pharmaceutical Stock Performance

Shares of TAIPY traded down $0.09 during trading hours on Friday, reaching $9.65. The company had a trading volume of 2,906 shares, compared to its average volume of 7,038. The firm has a 50 day simple moving average of $10.48 and a 200-day simple moving average of $10.25. Taisho Pharmaceutical has a 12-month low of $8.51 and a 12-month high of $11.19.

Taisho Pharmaceutical Company Profile

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Taisho Pharmaceutical Holdings Co Ltd. engages in the management of its group companies which are engaged in the manufacture and sale of over-the-counter (OTC) drugs, food, and miscellaneous goods. It operates through the Self-Medication and Prescription segments. The Self-Medication segment conducts research and development (R&D), manufacture, and sale of OTC drugs, quasi-drugs, food, and general medical and hygiene supplies; and deals with the lease of real estate properties and management of hotels.