Sinopharm Group Co. Ltd. (OTCMKTS:SHTDF) Sees Large Decline in Short Interest

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDF) was the recipient of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 3,281,300 shares, a decrease of 26.6% from the February 13th total of 4,471,700 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Sinopharm Group Stock Performance

Shares of OTCMKTS SHTDF opened at $2.45 on Monday. The stock’s 50 day moving average price is $2.41 and its two-hundred day moving average price is $2.33. Sinopharm Group has a 52-week low of $1.97 and a 52-week high of $2.94.

About Sinopharm Group

Sinopharm Group Co Ltd., together with its subsidiaries, engages in the wholesale and retail of pharmaceutical and medical devices and healthcare products in the People's Republic of China. The company operates through four segments: Pharmaceutical Distribution, Medical Devices, Retail Pharmacy, and Other Business.