Shin Nippon Biomedical Laboratories, Ltd. (OTCMKTS:SBLOF) Short Interest Update

Shin Nippon Biomedical Laboratories, Ltd. (OTCMKTS:SBLOF) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 24,900 shares, a decline of 16.4% from the February 28th total of 29,800 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 249.0 days.

Shin Nippon Biomedical Laboratories Price Performance

OTCMKTS:SBLOF opened at $9.51 on Wednesday. Shin Nippon Biomedical Laboratories has a fifty-two week low of $9.51 and a fifty-two week high of $9.82. The stock’s 50-day moving average is $9.70 and its two-hundred day moving average is $12.40.

About Shin Nippon Biomedical Laboratories

Shin Nippon Biomedical Laboratories, Ltd., a contract research organization, engages in the transactional research and medipolis businesses in Japan and internationally. It offers non-clinical studies, including single/repeated dose toxicity studies, antigenicity studies, skin sensitization studies, genotoxicity studies, carcinogenicity studies, local irritation studies, inhalation toxicity studies, TK studies, characteristic studies, stability studies, dependence studies, reproductive and developmental toxicity studies, safety pharmacological studies, and pharmacokinetic studies.