Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS:SHPMF) Short Interest Up 24.8% in April

Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS:SHPMF) saw a significant increase in short interest in April. As of April 15th, there was short interest totalling 310,900 shares, an increase of 24.8% from the March 31st total of 249,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Shanghai Pharmaceuticals Stock Performance

Shares of OTCMKTS:SHPMF opened at $1.56 on Friday. The firm has a 50 day simple moving average of $1.56 and a 200-day simple moving average of $1.53. Shanghai Pharmaceuticals has a twelve month low of $0.99 and a twelve month high of $1.95.

Shanghai Pharmaceuticals Company Profile

Shanghai Pharmaceuticals Holding Co, Ltd. engages research, development, manufacture, distribution, and retailing of pharmaceutical and healthcare products in China and internationally. The company operates through four segments: Production, Distribution, Retail, and Others. It offers chemicals and biochemicals, Chinese medicines, healthcare products, and medical devices in various therapeutic areas, including digestive system, immune metabolism, motor neuron disease, endocrinology, cardiovascular, psychoneurotic, neoplasm, autoimmunity, systemic anti-infection, mental nerve, anti-tumor, oncology, respiratory system, nervous system, auto-immunity, hypertension, neuromyelitis, diabetes, anticholinesterase, polypeptide hormones uterine tonic, antihistamine, anti-inflammatory, anesthetic, immunomodulatory, antiviral, reflux esophagitis, analgesics, weight management, malignant peritoneal effusion, ulcerative colitis, myasthenia gravis, burn injury, anticoagulant, anti-epileptic, anticonvulsant, Alzheimer’s, and inflammatory bowel diseases.