SHIONOGI &amp CO LTD ORDINARY SHARES (OTCMKTS:SGIOF) Reports Increase in Sellers; Strong Momentum for Short Players

The stock of SHIONOGI &amp CO LTD ORDINARY SHARES (OTCMKTS:SGIOF) registered an increase of 4.49% in short interest. SGIOF’s total short interest was 2.63 million shares in December as published by FINRA. Its up 4.49% from 2.52 million shares, reported previously. With 700 shares average volume, it will take short sellers 3761 days to cover their SGIOF’s short positions.

The stock increased 1.12% or $0.72 during the last trading session, reaching $64.9. About 300 shares traded. Shionogi & Co., Ltd. (OTCMKTS:SGIOF) has 0.00% since December 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Shionogi & Co., Ltd. engages in the research, development, manufacture, and marketing of pharmaceuticals, diagnostic reagents, and medical devices in Japan and internationally. The company has market cap of $19.89 billion. It primarily focuses on metabolic syndrome, pain, infectious diseases, cholesterol medication, anti-hypertension drugs, depression treatment, prescription drugs, OTC drugs, and diagnostics. It has a 19.65 P/E ratio. The firm was formerly known as Shionogi Shoten Co., Ltd. and changed its name to Shionogi & Co., Ltd. in 1943.

More notable recent Shionogi & Co., Ltd. (OTCMKTS:SGIOF) news were published by: Seekingalpha.com which released: “Shionogi’s lusutrombopag successful in late-stage study; filing of rolling U.S. marketing application underway – Seeking Alpha” on September 25, 2017, also Seekingalpha.com with their article: “Shionogi & Co. Ltd. ADR 2017 Q4 – Results – Earnings Call Slides – Seeking Alpha” published on May 10, 2018, Seekingalpha.com published: “FDA OK’s Shionogi’s flu med Xofluza – Seeking Alpha” on October 24, 2018. More interesting news about Shionogi & Co., Ltd. (OTCMKTS:SGIOF) were released by: Seekingalpha.com and their article: “Japan OK’s Shionogi drug that can kill flu virus in 24 hours – Seeking Alpha” published on February 23, 2018 as well as Seekingalpha.com‘s news article titled: “Shionogi & Co (SGIOY) Updates On Research And Development – Slideshow – Seeking Alpha” with publication date: March 15, 2018.

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