Short Interest in Daiichi Sankyo Company, Limited (OTCMKTS:DSNKY) Drops By 66.1%

Daiichi Sankyo Company, Limited (OTCMKTS:DSNKY) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 6,100 shares, a decline of 66.1% from the August 31st total of 18,000 shares. Based on an average daily volume of 169,300 shares, the days-to-cover ratio is presently 0.0 days.

Daiichi Sankyo Stock Performance

Daiichi Sankyo stock traded down $0.33 during midday trading on Wednesday, reaching $32.74. 104,548 shares of the stock traded hands, compared to its average volume of 119,300. The company has a 50-day simple moving average of $38.17 and a two-hundred day simple moving average of $35.24. Daiichi Sankyo has a 12-month low of $23.72 and a 12-month high of $42.48.

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.