Short Interest in Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) Increases By 36.6%

Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) was the target of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 1,355,500 shares, a growth of 36.6% from the November 15th total of 992,000 shares. Based on an average daily volume of 23,100 shares, the days-to-cover ratio is presently 58.7 days.

Shandong Weigao Group Medical Polymer Stock Performance

OTCMKTS SHWGF remained flat at $0.67 during trading hours on Friday. The firm has a 50 day moving average of $0.77 and a two-hundred day moving average of $0.89. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.28 and a quick ratio of 2.89. Shandong Weigao Group Medical Polymer has a 52 week low of $0.67 and a 52 week high of $0.67.

Shandong Weigao Group Medical Polymer Company Profile

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.