Sanofi (OTCMKTS:SNYNF) Sees Significant Growth in Short Interest

Sanofi (OTCMKTS:SNYNF) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 503,400 shares, an increase of 22.7% from the January 31st total of 410,400 shares. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is presently 419.5 days.

Sanofi Stock Performance

Shares of OTCMKTS SNYNF remained flat at $115.39 during mid-day trading on Wednesday. 45,353 shares of the stock were exchanged, compared to its average volume of 1,357. Sanofi has a 1-year low of $91.34 and a 1-year high of $119.65. The stock has a fifty day simple moving average of $103.71 and a 200 day simple moving average of $104.65.

About Sanofi

Sanofi, a healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally. It operates through Pharmaceuticals, Vaccines, and Consumer Healthcare segments. The company provides specialty care, such as DUPIXENT, neurology and immunology, rare diseases, oncology, and rare blood disorders; medicines for diabetes and cardiovascular diseases; and established prescription products.