Sinopharm Group Co. Ltd. (OTCMKTS:SHTDY) Sees Significant Decline in Short Interest

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDY) was the recipient of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 100 shares, a decrease of 96.3% from the March 15th total of 2,700 shares. Based on an average trading volume of 72,000 shares, the days-to-cover ratio is presently 0.0 days.

Sinopharm Group Stock Performance

Shares of Sinopharm Group stock traded up $0.25 on Tuesday, reaching $11.57. 12,786 shares of the stock were exchanged, compared to its average volume of 19,257. The firm’s 50 day moving average is $12.21 and its 200-day moving average is $12.90. Sinopharm Group has a one year low of $10.13 and a one year high of $16.31.

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.