Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) Sees Significant Decline in Short Interest

Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) was the target of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 100 shares, a decline of 50.0% from the October 31st total of 200 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is currently 0.1 days.

Aspen Pharmacare Trading Up 1.7 %

Shares of APNHY stock opened at $9.33 on Thursday. The business has a 50-day simple moving average of $10.42 and a 200-day simple moving average of $11.76. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.81 and a quick ratio of 1.07. Aspen Pharmacare has a 52-week low of $9.17 and a 52-week high of $13.69.

Aspen Pharmacare Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, October 8th. Stockholders of record on Friday, September 20th were issued a $0.1202 dividend. The ex-dividend date of this dividend was Friday, September 20th.

Aspen Pharmacare Company Profile

Aspen Pharmacare Holdings Limited, together with its subsidiaries, manufactures and supplies specialty and branded pharmaceutical products worldwide. It operates in Commercial Pharmaceuticals and Manufacturing segments. The company provides general anesthetics, muscle relaxants, and topical agents under the Anaesthetics brand; and a range of injectable anticoagulants with a focus on low molecular weight heparins, Xa inhibitors, and heparin derivatives under the Thrombosis brand.