Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) Short Interest Down 88.5% in August

Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totalling 300 shares, a decrease of 88.5% from the August 15th total of 2,600 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is presently 1.5 days.

Aspen Pharmacare Stock Up 0.8 %

OTCMKTS:APNHY traded up $0.09 during trading hours on Thursday, reaching $10.64. 329 shares of the stock were exchanged, compared to its average volume of 587. Aspen Pharmacare has a twelve month low of $8.45 and a twelve month high of $13.69. The business has a 50-day moving average of $12.59 and a two-hundred day moving average of $12.10. The company has a quick ratio of 1.09, a current ratio of 1.92 and a debt-to-equity ratio of 0.29.

Aspen Pharmacare Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, October 8th. Investors of record on Friday, September 20th will be paid a dividend of $0.1202 per share. The ex-dividend date of this dividend is Friday, September 20th.

Aspen Pharmacare Company Profile

Aspen Pharmacare Holdings Limited, together with its subsidiaries, manufactures and supplies specialty and branded pharmaceutical products worldwide. It operates in Commercial Pharmaceuticals and Manufacturing segments. The company provides general anesthetics, muscle relaxants, and topical agents under the Anaesthetics brand; and a range of injectable anticoagulants with a focus on low molecular weight heparins, Xa inhibitors, and heparin derivatives under the Thrombosis brand.