CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) Sees Large Decrease in Short Interest

Posted by Teresa Graham on Sep 27th, 2024

CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY – Get Free Report) saw a large decrease in short interest in September. As of September 15th, there was short interest totalling 9,000 shares, a decrease of 80.3% from the August 31st total of 45,800 shares. Based on an average trading volume of 82,100 shares, the days-to-cover ratio is presently 0.1 days.

CSPC Pharmaceutical Group Trading Up 0.7 %

CSPCY traded up C$0.02 during trading on Friday, reaching C$2.84. 1,329,678 shares of the company traded hands, compared to its average volume of 35,565. CSPC Pharmaceutical Group has a 12-month low of C$2.25 and a 12-month high of C$3.71. The firm has a fifty day simple moving average of C$2.66 and a 200 day simple moving average of C$3.03.

CSPC Pharmaceutical Group Company Profile

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CSPC Pharmaceutical Group Limited, an investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical products in the People's Republic of China, other Asian regions, North America, Europe, and internationally. The company operates through Finished Drugs, Bulk Products, and Functional Food and Others segments.