CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) Sees Large Decline in Short Interest

CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 100 shares, a decline of 99.2% from the December 31st total of 12,700 shares. Based on an average daily trading volume, of 55,900 shares, the days-to-cover ratio is presently 0.0 days.

CSPC Pharmaceutical Group Price Performance

Shares of CSPCY stock traded up C$0.09 on Tuesday, hitting C$2.28. The stock had a trading volume of 8,574 shares, compared to its average volume of 30,461. CSPC Pharmaceutical Group has a 1 year low of C$2.15 and a 1 year high of C$3.82. The company’s 50 day moving average price is C$2.40 and its 200-day moving average price is C$2.69.

About CSPC Pharmaceutical Group

CSPC Pharmaceutical Group Limited, an investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical products in the People's Republic of China, other Asian regions, North America, Europe, and internationally. The company operates through Finished Drugs, Bulk Products, and Functional Food and Others segments.