Sawai Group Holdings Co., Ltd. (OTCMKTS:SWGHF) Sees Large Decline in Short Interest

Sawai Group Holdings Co., Ltd. (OTCMKTS:SWGHF) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totalling 23,800 shares, a decline of 15.9% from the May 31st total of 28,300 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 238.0 days.

Sawai Group Stock Performance

Shares of SWGHF remained flat at $40.20 during midday trading on Monday. The stock has a fifty day simple moving average of $39.13 and a 200-day simple moving average of $32.14. Sawai Group has a 12-month low of $38.18 and a 12-month high of $41.43.

Sawai Group shares are set to split before the market opens on Monday, September 30th. The 3-1 split was announced on Monday, September 30th. The newly created shares will be distributed to shareholders after the closing bell on Monday, September 30th.

About Sawai Group

Sawai Group Holdings Co, Ltd., together with subsidiaries, engages in the research and development, manufacturing, and marketing of generic pharmaceuticals. The company offers generic drugs in various dosage forms, including tablets, oral dispersing tablets, capsules, granules, injectables, tapes, ophthalmic or nasal solutions, syrups, and other forms for various therapeutic areas comprising cardiovascular, gastro-intestinal, blood/body fluid, other metabolic, antibiotics, central nervous system, antiallergics, anti-cancer, urogenital organs and anus, chemotherapeutic and antineoplastic agents, respiratory system, etc., as well as vitamin preparations.