Daiichi Sankyo Company, Limited (OTCMKTS:DSNKY) Sees Significant Growth in Short Interest

Daiichi Sankyo Company, Limited (OTCMKTS:DSNKY) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 54,800 shares, a growth of 896.4% from the December 15th total of 5,500 shares. Based on an average daily trading volume, of 573,800 shares, the days-to-cover ratio is currently 0.1 days.

Daiichi Sankyo Trading Down 2.8 %

Daiichi Sankyo stock traded down $0.74 during mid-day trading on Monday, hitting $25.97. 132,042 shares of the company’s stock were exchanged, compared to its average volume of 140,890. The stock has a market cap of $49.24 billion and a P/E ratio of 0.23. Daiichi Sankyo has a 1-year low of $25.97 and a 1-year high of $42.48. The stock has a 50 day moving average of $29.34 and a two-hundred day moving average of $33.80.

About Daiichi Sankyo

Daiichi Sankyo Company, Limited manufactures, markets, and sells pharmaceutical products worldwide. The company offers Enhertu, a HER2 directed antibody drug conjugate; Turalio, a CSF-1R inhibitor; Vanflyta, a FLT3 inhibitor for the treatment of adult patients with relapsed/refractory FLT3-ITD acute myeloid leukemia; ferric carboxymaltose injection for treating anaemia; and Injectafer for the treatment for iron deficiency anaemia.