Important Short Interest Filing: Could SHIONOGI & COMPANY LTD (OTCMKTS:SGIOF) See a Reversal After More Sellers Came In?

November 15, 2016 - By Ellis Scott   ·   0 Comments

Important Short Interest Filing: Could SHIONOGI & COMPANY LTD (OTCMKTS:SGIOF) See a Reversal After More Sellers Came In?

The stock of SHIONOGI & COMPANY LTD (OTCMKTS:SGIOF) registered an increase of 158.52% in short interest. SGIOF’s total short interest was 157,700 shares in November as published by FINRA. Its up 158.52% from 61,000 shares, reported previously. With 1,200 shares average volume, it will take short sellers 131 days to cover their SGIOF’s short positions. The stock last traded at $49.1 per share. It is down 6.00% since October 16, 2016 and is uptrending. It has outperformed by 2.07% the S&P500.

Another recent and important SHIONOGI & CO NPV (OTCMKTS:SGIOF) news was published by Barrons.com which published an article titled: “A Shot in the Arm for GlaxoSmithKline” on October 24, 2015.

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By Ellis Scott


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