Short Interest in Sumitomo Pharma Co., Ltd. (OTCMKTS:DNPUF) Declines By 25.1%

Sumitomo Pharma Co., Ltd. (OTCMKTS:DNPUF) was the target of a large decrease in short interest in November. As of November 15th, there was short interest totalling 3,337,300 shares, a decrease of 25.1% from the October 31st total of 4,452,800 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is presently 1,963.1 days.

Sumitomo Pharma Stock Performance

Shares of Sumitomo Pharma stock remained flat at $3.80 during trading on Friday. The company’s 50-day moving average price is $4.13 and its 200-day moving average price is $3.33. Sumitomo Pharma has a 12-month low of $1.99 and a 12-month high of $4.50.

About Sumitomo Pharma

Sumitomo Pharma Co, Ltd. engages in the manufacture and sale of pharmaceuticals, food ingredients and additives, veterinary medicines, and others in Japan, North America, China, and internationally. The company offers pharmaceutical products, such as therapeutic agents for Parkinson's disease, uterine fibroids, depression, type 2 diabetes, systemic fungal infection, hypertension, pruritus, advanced prostate cancer, overactive bladder, chronic obstructive pulmonary disease, angina pectoris, and arrhythmia.