Fosun International Limited (OTCMKTS:FOSUF) Sees Significant Drop in Short Interest

Fosun International Limited (OTCMKTS:FOSUF) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 1,359,300 shares, a drop of 20.5% from the February 13th total of 1,710,300 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 4,531.0 days.

Fosun International Stock Performance

FOSUF opened at $0.55 on Tuesday. Fosun International has a 1 year low of $0.45 and a 1 year high of $0.79. The business has a fifty day simple moving average of $0.50 and a 200 day simple moving average of $0.54.

About Fosun International

Fosun International Limited operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally. It operates through five segments: Health, Happiness, Insurance, Asset Management, and Intelligent Manufacturing. The Health segment engages in the research, development, manufacture, sale, and trading of pharmaceutical, biopharmaceutical, and health products; and provision of medical and health management services.