Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS:SHPMF) Short Interest Update

Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS:SHPMF) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 128,649 shares, a growth of 33.8% from the March 31st total of 96,149 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 remained flat at $1.46 during mid-day trading on Thursday. The stock has a 50 day moving average of $1.46 and a 200 day moving average of $1.49. Shanghai Pharmaceuticals has a one year low of $1.46 and a one year high of $1.53.

About Shanghai Pharmaceuticals

Shanghai Pharmaceuticals (OTCMKTS: SHPMF) is a leading integrated healthcare company headquartered in Shanghai, China. Established in 1994 through the consolidation of state‐owned pharmaceutical entities, the firm has built a comprehensive business model spanning pharmaceutical distribution, manufacturing and retail pharmacy services. The company’s core distribution network delivers prescription and over‐the‐counter medications, medical devices and healthcare products to hospitals, clinics and community pharmacies across mainland China.

In its manufacturing segment, Shanghai Pharmaceuticals produces active pharmaceutical ingredients (APIs), finished dosage forms and chemical intermediates.