Short Interest in MediPal Holdings Co. (OTCMKTS:MAHLY) Decreases By 12.5%

MediPal Holdings Co. (OTCMKTS:MAHLY) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 700 shares, a drop of 12.5% from the December 31st total of 800 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 3.5 days.

MediPal Stock Performance

Shares of MediPal stock opened at $16.00 on Monday. MediPal has a one year low of $14.29 and a one year high of $19.07. The stock has a 50 day moving average price of $15.66 and a 200-day moving average price of $16.75.

About MediPal

Medipal Holdings Corporation engages in the prescription pharmaceutical wholesale business in Japan. It procures healthcare products related to diagnostics, testing, treatment, and administration comprises medical equipment and medical materials, and clinical diagnostic reagents for use from the pre-symptomatic stage; handles PMS services on contract for manufacturers; and invests in orphan drugs and other products.