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

Sanofi (OTCMKTS:SNYNFGet Free Report) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totalling 297,400 shares, a growth of 20.3% from the April 15th total of 247,300 shares. Based on an average daily volume of 110,200 shares, the days-to-cover ratio is currently 2.7 days.

Sanofi Stock Performance

Shares of SNYNF traded down $4.87 during midday trading on Tuesday, hitting $97.65. The stock had a trading volume of 568 shares, compared to its average volume of 28,235. The company has a 50 day simple moving average of $96.29 and a two-hundred day simple moving average of $96.07. Sanofi has a twelve month low of $86.12 and a twelve month high of $110.16.

About Sanofi

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Sanofi, a healthcare company, engages in the research, development, manufacture, and marketing of therapeutic solutions in the United States, Europe, and internationally. It operates through Pharmaceuticals, Vaccines, and Consumer Healthcare segments. The company provides specialty care, such as DUPIXENT, neurology and immunology, rare diseases, oncology, and rare blood disorders; medicines for diabetes and cardiovascular diseases; and established prescription products.

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