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

Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) was the recipient of a significant growth in short interest during 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 short-interest ratio is presently 58.7 days.

Shandong Weigao Group Medical Polymer Price Performance

SHWGF stock remained flat at $0.67 during mid-day trading on Friday. Shandong Weigao Group Medical Polymer has a one year low of $0.67 and a one year high of $0.67. The business’s fifty day moving average is $0.77 and its 200 day moving average is $0.89. The company has a quick ratio of 2.89, a current ratio of 3.28 and a debt-to-equity ratio of 0.14.

About Shandong Weigao Group Medical Polymer

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.