Sinopharm Group Co. Ltd. (OTCMKTS:SHTDY – Get Free Report) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 118,037 shares, an increase of 734.7% from the September 15th total of 14,141 shares. Based on an average daily volume of 381,183 shares, the days-to-cover ratio is currently 0.3 days.
Sinopharm Group Price Performance
Shares of SHTDY opened at $9.51 on Friday. Sinopharm Group has a 52-week low of $9.00 and a 52-week high of $14.87. The business’s 50 day moving average price is $10.00 and its two-hundred day moving average price is $11.00.
Sinopharm Group Company Profile
Sinopharm Group Co, Ltd. is a China-based healthcare company focused primarily on pharmaceutical and medical product distribution. Through its distribution network, the company supplies prescription medicines, over-the-counter drugs, traditional Chinese medicines, medical devices and other healthcare products to hospitals, pharmacies, clinics and other healthcare institutions.
The company also operates pharmaceutical retail businesses and provides related supply-chain, logistics and healthcare services.
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