Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKY) Sees Large Growth in Short Interest

Otsuka Holdings Co., Ltd. (OTCMKTS:OTSKY) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 28,600 shares, a growth of 717.1% from the February 29th total of 3,500 shares. Based on an average daily volume of 61,800 shares, the days-to-cover ratio is currently 0.5 days.

Otsuka Stock Performance

OTSKY stock traded up $0.31 during trading on Thursday, hitting $21.06. 15,647 shares of the stock traded hands, compared to its average volume of 31,421. The firm’s 50 day moving average is $19.71 and its two-hundred day moving average is $18.79. Otsuka has a 1 year low of $15.53 and a 1 year high of $21.34.

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.