Short Interest in Fosun International Limited (OTCMKTS:FOSUF) Grows By 142.7%

Fosun International Limited (OTCMKTS:FOSUF) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 1,502,800 shares, an increase of 142.7% from the October 15th total of 619,300 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 5,009.3 days.

Fosun International Price Performance

Shares of OTCMKTS FOSUF remained flat at $0.60 during midday trading on Friday. The firm’s 50-day moving average is $0.57 and its two-hundred day moving average is $0.54. Fosun International has a one year low of $0.48 and a one year high of $0.79.

Fosun International Company Profile

Fosun International Limited operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally. It operates through five segments: Health, Happiness, Insurance, Asset Management, and Intelligent Manufacturing. The Health segment engages in the research, development, manufacture, sale, and trading of pharmaceutical, biopharmaceutical, and health products; and provision of medical and health management services.