Sinopharm Group Co. Ltd. (OTCMKTS:SHTDY) Stock Short Interest Jumps 91.9%

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDY) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 203,521 shares, a growth of 91.9% from the October 15th total of 106,065 shares. Based on an average daily volume of 198,182 shares, the days-to-cover ratio is currently 1.0 days.

Sinopharm Group Stock Performance

SHTDY traded up $0.03 on Friday, reaching $10.67. The company’s stock had a trading volume of 75,889 shares, compared to its average volume of 111,365. Sinopharm Group has a fifty-two week low of $9.00 and a fifty-two week high of $14.87. The stock has a 50 day moving average of $9.90 and a two-hundred day moving average of $11.37.

Sinopharm Group Company Profile

Sinopharm Group Co., Ltd. is a China-based healthcare company engaged primarily in the distribution, retail, and manufacturing of pharmaceutical and medical products. The company operates as a subsidiary of China National Pharmaceutical Group Corporation (Sinopharm), one of China’s major healthcare groups. Its distribution business supplies prescription medicines, medical devices, vaccines, and other healthcare products to hospitals, pharmacies, clinics, and other healthcare institutions. Sinopharm also operates pharmaceutical retail outlets and provides related supply-chain, logistics, and healthcare distribution services.