Short Interest in Sinopharm Group Co. Ltd. (OTCMKTS:SHTDY) Decreases By 26.2%

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDY) saw a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 4,500 shares, a drop of 26.2% from the February 13th total of 6,100 shares. Based on an average daily volume of 19,800 shares, the days-to-cover ratio is currently 0.2 days.

Sinopharm Group Stock Performance

Sinopharm Group stock opened at $12.59 on Monday. Sinopharm Group has a 1-year low of $10.13 and a 1-year high of $16.31. The stock’s 50 day moving average price is $12.82 and its 200 day moving average price is $12.81.

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.