Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) Sees Large Growth in Short Interest

Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 289,700 shares, an increase of 849.8% from the February 28th total of 30,500 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Approximately 0.0% of the shares of the company are sold short.

Shandong Weigao Group Medical Polymer Stock Performance

SHWGF remained flat at $0.66 on Thursday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.89 and a current ratio of 3.28. Shandong Weigao Group Medical Polymer has a 12-month low of $0.65 and a 12-month high of $0.67. The stock’s 50 day simple moving average is $0.66 and its 200 day simple moving average is $0.74.

Shandong Weigao Group Medical Polymer Company Profile

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.