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

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDY) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 2,700 shares, a decrease of 40.0% from the February 28th total of 4,500 shares. Based on an average daily trading volume, of 26,400 shares, the days-to-cover ratio is presently 0.1 days.

Sinopharm Group Price Performance

Shares of SHTDY stock traded down $0.01 during mid-day trading on Friday, reaching $11.77. The stock had a trading volume of 7,288 shares, compared to its average volume of 18,318. The stock’s 50-day moving average price is $12.66 and its two-hundred day moving average price is $12.89. Sinopharm Group has a 52-week low of $10.13 and a 52-week high of $16.31.

Sinopharm Group Company Profile

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.