SHIONOGI &amp CO LTD ORDINARY SHARES (OTCMKTS:SGIOF) Shorted Shares Decreased By 5.35%

July 12, 2018 - By Christine McCrea

The stock of SHIONOGI &amp CO LTD ORDINARY SHARES (OTCMKTS:SGIOF) registered a decrease of 5.35% in short interest. SGIOF’s total short interest was 2.07 million shares in July as published by FINRA. Its down 5.35% from 2.19M shares, reported previously. With 2,200 shares average volume, it will take short sellers 942 days to cover their SGIOF’s short positions.

It closed at $49 lastly. It is down 0.00% since July 12, 2017 and is . It has underperformed by 12.57% 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 $15.41 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 17.51 P/E ratio. The firm was formerly known as Shionogi Shoten Co., Ltd. and changed its name to Shionogi & Co., Ltd. in 1943.

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