Sawai Group Holdings Co., Ltd. (OTCMKTS:SWGHF) Sees Significant Increase in Short Interest

Sawai Group Holdings Co., Ltd. (OTCMKTS:SWGHF) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 40,900 shares, a growth of 20.3% from the August 15th total of 34,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Sawai Group Stock Performance

OTCMKTS:SWGHF remained flat at $40.20 during midday trading on Monday. Sawai Group has a one year low of $38.18 and a one year high of $41.43. The business’s 50 day simple moving average is $40.20 and its two-hundred day simple moving average is $37.25.

Sawai Group shares are scheduled to split before the market opens on Monday, September 30th. The 3-1 split was announced on Monday, September 30th. The newly issued shares will be issued to shareholders after the closing bell on Monday, September 30th.

Sawai Group Company Profile

Sawai Group Holdings Co, Ltd., together with subsidiaries, engages in the research and development, manufacturing, and marketing of generic pharmaceuticals. The company offers generic drugs in various dosage forms, including tablets, oral dispersing tablets, capsules, granules, injectables, tapes, ophthalmic or nasal solutions, syrups, and other forms for various therapeutic areas comprising cardiovascular, gastro-intestinal, blood/body fluid, other metabolic, antibiotics, central nervous system, antiallergics, anti-cancer, urogenital organs and anus, chemotherapeutic and antineoplastic agents, respiratory system, etc., as well as vitamin preparations.