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

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDF) saw a large growth in short interest in October. As of October 31st, there was short interest totalling 7,133,100 shares, a growth of 140.0% from the October 15th total of 2,972,500 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 23,777.0 days.

Sinopharm Group Price Performance

SHTDF remained flat at $2.56 on Wednesday. The firm’s 50 day simple moving average is $2.10 and its two-hundred day simple moving average is $2.44. Sinopharm Group has a 52-week low of $1.97 and a 52-week high of $2.95.

Sinopharm Group Company Profile

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.