Sanofi (OTCMKTS:SNYNF) Sees Large Growth in Short Interest

Sanofi (OTCMKTS:SNYNFGet Free Report) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 304,695 shares, an increase of 81.6% from the June 15th total of 167,782 shares. Based on an average daily volume of 36,083 shares, the short-interest ratio is presently 8.4 days.

Sanofi Stock Performance

Sanofi stock opened at $87.99 on Friday. Sanofi has a 52-week low of $80.74 and a 52-week high of $106.34. The stock’s 50 day moving average price is $86.27 and its two-hundred day moving average price is $90.77.

About Sanofi

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Sanofi is a multinational biopharmaceutical company headquartered in Paris, France, specializing in the research, development and manufacturing of prescription medicines, vaccines and consumer healthcare products. With a strategic focus on specialty care, vaccines, and general medicines, Sanofi’s portfolio addresses a broad range of therapeutic areas, including diabetes, cardiovascular disease, oncology, immunology and rare diseases. The company operates through distinct business segments, each dedicated to advancing patient care through innovative therapies and preventive solutions.

In its pharmaceuticals segment, Sanofi develops and markets biologics and small molecules designed to treat chronic and acute conditions.

Further Reading

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