Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS:SHPMF – Get Free Report) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 2,146,200 shares, a drop of 44.0% from the February 13th total of 3,834,400 shares. Based on an average trading volume of 35,400 shares, the days-to-cover ratio is presently 60.6 days.
Shanghai Pharmaceuticals Stock Performance
Shares of OTCMKTS SHPMF remained flat at $1.57 during trading on Friday. The firm has a 50-day moving average price of $1.46 and a 200 day moving average price of $1.45. Shanghai Pharmaceuticals has a 52-week low of $0.99 and a 52-week high of $1.95.
About Shanghai Pharmaceuticals
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