Sinopharm Group Co. Ltd. (OTCMKTS:SHTDF) Short Interest Up 74.2% in March

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDF) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 5,715,700 shares, a growth of 74.2% from the February 28th total of 3,281,300 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 14,289.3 days.

Sinopharm Group Price Performance

SHTDF stock remained flat at $2.45 during midday trading on Friday. Sinopharm Group has a 52 week low of $1.97 and a 52 week high of $2.94. The stock’s fifty day moving average is $2.40 and its two-hundred day moving average is $2.35.

About Sinopharm Group

Sinopharm Group Co Ltd., together with its subsidiaries, engages in the wholesale and retail of pharmaceutical and medical devices and healthcare products in the People's Republic of China. The company operates through four segments: Pharmaceutical Distribution, Medical Devices, Retail Pharmacy, and Other Business.