Shionogi & Co., Ltd. (OTCMKTS:SGIOF) Short Interest Up 17.6% in October

Shionogi & Co., Ltd. (OTCMKTS:SGIOF) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 2,977,700 shares, an increase of 17.6% from the October 15th total of 2,531,500 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is presently 1,985.1 days.

Shionogi & Co., Ltd. Stock Performance

OTCMKTS:SGIOF traded up $0.84 during mid-day trading on Friday, hitting $13.71. 300 shares of the stock were exchanged, compared to its average volume of 2,644. The firm’s 50-day simple moving average is $23.30 and its 200 day simple moving average is $36.33. Shionogi & Co., Ltd. has a fifty-two week low of $12.34 and a fifty-two week high of $17.83.

Shionogi & Co., Ltd. Company Profile

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.