Fosun International Limited (OTCMKTS:FOSUF) Sees Large Increase in Short Interest

Fosun International Limited (OTCMKTS:FOSUF) was the target of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 1,363,700 shares, a growth of 95.8% from the November 15th total of 696,300 shares. Based on an average daily volume of 5,800 shares, the days-to-cover ratio is currently 235.1 days.

Fosun International Stock Performance

Shares of Fosun International stock remained flat at $0.56 during trading hours on Friday. The stock has a 50-day simple moving average of $0.59 and a two-hundred day simple moving average of $0.55. Fosun International has a 1-year low of $0.48 and a 1-year high of $0.79.

About Fosun International

Fosun International Limited operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally. It operates through five segments: Health, Happiness, Insurance, Asset Management, and Intelligent Manufacturing. The Health segment engages in the research, development, manufacture, sale, and trading of pharmaceutical, biopharmaceutical, and health products; and provision of medical and health management services.