Sundrug Co.,Ltd. (OTCMKTS:SDGCF) Sees Large Decline in Short Interest
by Michael Walen · The Markets DailySundrug Co.,Ltd. (OTCMKTS:SDGCF – Get Free Report) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 80,886 shares, a decrease of 70.2% from the May 14th total of 271,151 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.
Sundrug Co.,Ltd. Price Performance
OTCMKTS:SDGCF remained flat at $27.76 during trading hours on Thursday. The firm has a fifty day simple moving average of $28.07 and a 200-day simple moving average of $28.13. Sundrug Co.,Ltd. has a 1-year low of $28.18 and a 1-year high of $28.18.
About Sundrug Co.,Ltd.
Sundrug Co, Ltd. is a Japan-based drugstore chain operator that manages a nationwide network of over 1,300 retail outlets. The company’s primary business centers on the sale of pharmaceuticals and related health products through its Sundrug-branded stores. In addition to traditional bricks-and-mortar locations, Sundrug has developed an e-commerce platform, allowing customers to purchase many of the same items online for home delivery or in-store pickup.
The company’s product range spans prescription and over-the-counter medications, dietary supplements, cosmetics, personal care and beauty items, baby products, foodstuffs and household essentials.