Short Interest in Otsuka Co. (OTCMKTS:OSUKF) Declines By 22.3%

Otsuka Co. (OTCMKTS:OSUKF) was the target of a significant drop in short interest in the month of August. As of August 15th, there was short interest totaling 157,800 shares, a drop of 22.3% from the July 31st total of 203,200 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Otsuka Price Performance

Shares of Otsuka stock opened at $19.99 on Thursday. The business has a fifty day simple moving average of $20.23 and a two-hundred day simple moving average of $22.04. Otsuka has a 12 month low of $19.99 and a 12 month high of $23.04.

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.