Short Interest in Kyowa Kirin Co., Ltd. (OTCMKTS:KYKOF) Drops By 11.1%

Kyowa Kirin Co., Ltd. (OTCMKTS:KYKOFGet Rating) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 888,000 shares, a decrease of 11.1% from the August 15th total of 999,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 8,880.0 days.

Kyowa Kirin Stock Performance

Shares of KYKOF stock opened at $22.94 on Monday. The stock’s fifty day moving average is $22.98 and its 200-day moving average is $23.25. Kyowa Kirin has a 52 week low of $21.22 and a 52 week high of $23.85.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded Kyowa Kirin from a “neutral” rating to a “buy” rating in a research note on Tuesday, July 12th.

About Kyowa Kirin

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Kyowa Kirin Co, Ltd. manufactures and markets pharmaceuticals that focuses on the therapeutic areas of oncology, nephrology, central nervous system, and immunology worldwide. Its products include ABSTRAL, a sublingual formulation of fentanyl used for the management of episodes of breakthrough pain experienced by cancer patients; ALLELOCK, an antihistamine agent for patients with various types of allergies; CONIEL, a calcium channel blocker for hypertension and angina pectoris; Crysvita, a recombinant human monoclonal IgG1 antibody against the phosphaturic hormone fibroblast growth factor 23; ESPO, a glycoprotein and human erythropoietin; NESP, an erythropoiesis stimulating agent; and GRAN, a human colony-stimulating factor.

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