Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) Sees Large Drop in Short Interest

Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 13,200 shares, a decrease of 33.3% from the March 15th total of 19,800 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 177,100 shares, the short-interest ratio is presently 0.1 days.

Meihua International Medical Technologies Stock Down 4.8 %

Shares of NASDAQ:MHUA traded down $0.01 during trading on Thursday, hitting $0.30. 12,409 shares of the company were exchanged, compared to its average volume of 631,286. The business’s 50 day moving average is $0.33 and its 200-day moving average is $0.46. Meihua International Medical Technologies has a 1-year low of $0.25 and a 1-year high of $1.47.

Meihua International Medical Technologies Company Profile

Meihua International Medical Technologies Co, Ltd. engages in the manufacture, sells, and marketing of medical consumables in the People's Republic of China. The company offers class I, II, and III disposable medical devices. Its products include non-bottled products, such as brushes and ID bracelets; and polyethylene bottled products, such as eye drop and tablet bottles, as well as electronic pumps.