Sawai Group Holdings Co., Ltd. (OTCMKTS:SWGHF – Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 20,573 shares, a decline of 79.1% from the October 15th total of 98,298 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Sawai Group Stock Performance
Shares of Sawai Group stock remained flat at $11.85 on Thursday. Sawai Group has a 12 month low of $11.52 and a 12 month high of $12.03. The stock’s 50-day moving average is $11.95 and its 200-day moving average is $12.01.
About Sawai Group
Sawai Group Holdings Co., Ltd. is a Japanese pharmaceutical company focused on developing, manufacturing and selling generic prescription medicines. Its products span a range of therapeutic areas and are marketed primarily to healthcare providers and patients in Japan. The group traces its roots to Sawai Pharmaceutical, founded in 1929. Sawai Group Holdings was established as a holding company in 2021, with Sawai Pharmaceutical as its principal operating company. Through its pharmaceutical operations, the group works to provide lower-cost alternatives to brand-name medicines.
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