Sinopharm Group Co. Ltd. (OTCMKTS:SHTDF) Sees Large Decline in Short Interest

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDF) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 3,281,300 shares, a decline of 26.6% from the February 13th total of 4,471,700 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Sinopharm Group Stock Performance

OTCMKTS:SHTDF opened at $2.45 on Monday. Sinopharm Group has a one year low of $1.97 and a one year high of $2.94. The business’s 50-day simple moving average is $2.41 and its 200 day simple moving average is $2.33.

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.