Short Interest in Otsuka Co. (OTCMKTS:OSUKF) Increases By 299.7%

Otsuka Co. (OTCMKTS:OSUKF) was the recipient of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 125,900 shares, a growth of 299.7% from the February 28th total of 31,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Otsuka Price Performance

OSUKF remained flat at $23.04 during trading on Thursday. The company’s 50 day simple moving average is $21.83 and its 200-day simple moving average is $21.70. Otsuka has a fifty-two week low of $23.04 and a fifty-two week high of $44.50.

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.