Sumitomo Pharma Co., Ltd. (OTCMKTS:DNPUF) Short Interest Up 39.8% in October

Sumitomo Pharma Co., Ltd. (OTCMKTS:DNPUF) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 4,632,500 shares, a growth of 39.8% from the September 30th total of 3,313,100 shares. Based on an average daily trading volume, of 5,500 shares, the days-to-cover ratio is presently 842.3 days.

Sumitomo Pharma Stock Performance

DNPUF stock remained flat at $4.30 during trading on Friday. The business has a fifty day moving average of $4.24 and a 200-day moving average of $3.08. Sumitomo Pharma has a 12-month low of $1.99 and a 12-month high of $4.50.

About Sumitomo Pharma

Sumitomo Pharma Co, Ltd. engages in the manufacture and sale of pharmaceuticals, food ingredients and additives, veterinary medicines, and others in Japan, North America, China, and internationally. The company offers pharmaceutical products, such as therapeutic agents for Parkinson's disease, uterine fibroids, depression, type 2 diabetes, systemic fungal infection, hypertension, pruritus, advanced prostate cancer, overactive bladder, chronic obstructive pulmonary disease, angina pectoris, and arrhythmia.