Otsuka Co. (OTCMKTS:OSUKF) Sees Large Increase in Short Interest

Otsuka Co. (OTCMKTS:OSUKF) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 104,700 shares, a growth of 22.6% from the December 31st total of 85,400 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Otsuka Price Performance

Shares of OSUKF remained flat at $20.95 during midday trading on Monday. The stock’s 50-day moving average price is $21.37 and its 200-day moving average price is $21.39. Otsuka has a 52-week low of $31.05 and a 52-week high of $44.50.

About Otsuka

Otsuka Corporation, together with its subsidiaries, operates as an information technology (IT) platformer in Japan. It operates through System Integration Business, and Service and Support Business segments. The System Integration Business segment offers management systems and collaborative software, such as ERP packages and groupware to cover a range of specialized fields, including CAD and web technologies; and software, hardware, intranet, and security products for the construction and expansion of computer networks, as well as intermediary services between manufacturers and system integrators.