Short Interest in Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) Expands By 1,272.2%

Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 463,800 shares, an increase of 1,272.2% from the October 15th total of 33,800 shares. Based on an average daily trading volume, of 3,700 shares, the short-interest ratio is currently 125.4 days.

Shandong Weigao Group Medical Polymer Stock Performance

Shares of OTCMKTS:SHWGF remained flat at $0.67 during trading on Tuesday. Shandong Weigao Group Medical Polymer has a one year low of $0.67 and a one year high of $0.67. The company has a current ratio of 3.28, a quick ratio of 2.89 and a debt-to-equity ratio of 0.14. The company’s 50-day moving average price is $0.91 and its 200 day moving average price is $0.94.

About Shandong Weigao Group Medical Polymer

Shandong Weigao Group Medical Polymer Company Limited engages in the research and development, production, wholesale, and sale of medical devices in the People’s Republic of China. It operates through Medical Device Products, Orthopaedic Products, Interventional Products, Pharma Packaging Products, Blood Management Products, and Others segments.