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

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 5,715,700 shares, a growth of 74.2% from the February 28th total of 3,281,300 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is currently 14,289.3 days.

Sinopharm Group Stock Performance

SHTDF remained flat at $2.45 on Friday. Sinopharm Group has a 1 year low of $1.97 and a 1 year high of $2.94. The business’s 50 day moving average price is $2.40 and its 200 day moving average price is $2.35.

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.