Sinopharm Group Co. Ltd. (OTCMKTS:SHTDY) Short Interest Down 84.4% in January

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDY) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 3,400 shares, a decline of 84.4% from the January 15th total of 21,800 shares. Based on an average daily trading volume, of 24,000 shares, the days-to-cover ratio is presently 0.1 days.

Sinopharm Group Price Performance

Shares of OTCMKTS SHTDY traded down $0.07 during trading on Friday, hitting $12.57. The company had a trading volume of 8,123 shares, compared to its average volume of 16,125. The business’s 50-day moving average is $13.32 and its 200 day moving average is $12.73. Sinopharm Group has a 52 week low of $10.13 and a 52 week high of $16.31.

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.