Sanofi (OTCMKTS:SNYNF) Sees Large Increase in Short Interest

Sanofi (OTCMKTS:SNYNFGet Free Report) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 304,695 shares, a growth of 81.6% from the June 15th total of 167,782 shares. Based on an average daily volume of 36,083 shares, the days-to-cover ratio is presently 8.4 days.

Sanofi Price Performance

SNYNF opened at $87.00 on Friday. Sanofi has a fifty-two week low of $80.74 and a fifty-two week high of $106.34. The business has a 50-day moving average of $86.32 and a 200-day moving average of $90.74.

About Sanofi

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Sanofi is a multinational biopharmaceutical company headquartered in Paris, France, specializing in the research, development and manufacturing of prescription medicines, vaccines and consumer healthcare products. With a strategic focus on specialty care, vaccines, and general medicines, Sanofi’s portfolio addresses a broad range of therapeutic areas, including diabetes, cardiovascular disease, oncology, immunology and rare diseases. The company operates through distinct business segments, each dedicated to advancing patient care through innovative therapies and preventive solutions.

In its pharmaceuticals segment, Sanofi develops and markets biologics and small molecules designed to treat chronic and acute conditions.

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