Sinopharm Group Co. Ltd. (OTCMKTS:SHTDF) Short Interest Up 140.0% in October

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDF) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 7,133,100 shares, a growth of 140.0% from the October 15th total of 2,972,500 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is currently 23,777.0 days.

Sinopharm Group Stock Performance

SHTDF remained flat at $2.56 during midday trading on Wednesday. The firm’s fifty day moving average is $2.10 and its 200 day moving average is $2.44. Sinopharm Group has a 52-week low of $1.97 and a 52-week high of $2.95.

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.