Taisho Pharmaceutical Holdings Co., Ltd. (OTCMKTS:TAIPY – Get Rating) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 900 shares, a growth of 800.0% from the April 30th total of 100 shares. Based on an average daily volume of 159,000 shares, the days-to-cover ratio is currently 0.0 days.
OTCMKTS TAIPY traded up $0.08 on Wednesday, reaching $9.38. 23,295 shares of the stock traded hands, compared to its average volume of 53,158. The firm’s fifty day simple moving average is $10.51 and its 200 day simple moving average is $11.59. Taisho Pharmaceutical has a 12 month low of $9.05 and a 12 month high of $15.94.
Separately, Citigroup raised Taisho Pharmaceutical from a “sell” rating to a “neutral” rating in a report on Thursday, February 3rd.
Taisho Pharmaceutical Holdings Co, Ltd., through its subsidiaries, researches, develops, manufactures, markets, distributes, and sells over-the-counter (OTC) drugs and prescription pharmaceutical products in Japan and internationally. It operates through Self-Medication Operation Group and Prescription Pharmaceutical Operation Group segments.
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