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

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDY) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 15,600 shares, a growth of 642.9% from the September 30th total of 2,100 shares. Based on an average daily trading volume, of 23,800 shares, the short-interest ratio is currently 0.7 days.

Sinopharm Group Stock Performance

Shares of OTCMKTS:SHTDY traded up $0.05 on Friday, reaching $12.95. The company’s stock had a trading volume of 176,568 shares, compared to its average volume of 18,904. Sinopharm Group has a 52-week low of $10.13 and a 52-week high of $16.31. The company has a 50-day simple moving average of $12.09 and a 200 day simple moving average of $12.71.

About Sinopharm Group

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.