Short Interest in Shionogi & Co., Ltd. (OTCMKTS:SGIOF) Drops By 42.9%

Shionogi & Co., Ltd. (OTCMKTS:SGIOF) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 1,701,300 shares, a drop of 42.9% from the October 31st total of 2,977,700 shares. Based on an average daily volume of 2,100 shares, the short-interest ratio is currently 810.1 days.

Shionogi & Co., Ltd. Price Performance

OTCMKTS:SGIOF remained flat at $12.41 during trading hours on Thursday. The company’s stock had a trading volume of 2,001 shares, compared to its average volume of 2,544. Shionogi & Co., Ltd. has a one year low of $12.34 and a one year high of $17.83. The stock has a fifty day simple moving average of $18.04 and a 200-day simple moving average of $34.32.

About Shionogi & Co., Ltd.

Shionogi & Co, Ltd. engages in the research, development, manufacture, and distribution of pharmaceuticals, diagnostic reagents, and medical devices in Japan. It offers Fetroja, a multidrug-resistant for gram-negative bacterial infection treatment; Cabenuva and Apretude an anti-HIV and HIV prophylactic drug; Xocova an oral COVID-19 treatment drug; Finibax a carbapenem antibiotic; Xofluza, an influenza antiviral drug; and Tivicay, an anti-HIV drug.