CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) Sees Large Increase in Short Interest

CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCYGet Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 7,100 shares, a growth of 14.5% from the September 30th total of 6,200 shares. Based on an average trading volume of 59,900 shares, the short-interest ratio is presently 0.1 days.

CSPC Pharmaceutical Group Stock Performance

OTCMKTS:CSPCY opened at C$3.07 on Thursday. CSPC Pharmaceutical Group has a 52 week low of C$2.25 and a 52 week high of C$3.82. The stock’s fifty day moving average is C$2.81 and its two-hundred day moving average is C$3.05.

CSPC Pharmaceutical Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, December 5th. Shareholders of record on Friday, November 1st will be paid a $0.0575 dividend. The ex-dividend date of this dividend is Friday, November 1st. This is a boost from CSPC Pharmaceutical Group’s previous dividend of $0.06.

CSPC Pharmaceutical Group Company Profile

(Get Free Report)

CSPC Pharmaceutical Group Limited, an investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical products in the People's Republic of China, other Asian regions, North America, Europe, and internationally. The company operates through Finished Drugs, Bulk Products, and Functional Food and Others segments.

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