Short Interest in Sinopharm Group Co. Ltd. (OTCMKTS:SHTDF) Increases By 60.5%

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDF) saw a significant increase in short interest in August. As of August 31st, there was short interest totalling 2,870,400 shares, an increase of 60.5% from the August 15th total of 1,788,000 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is presently 7,176.0 days.

Sinopharm Group Stock Performance

OTCMKTS SHTDF remained flat at $1.97 during midday trading on Friday. The company has a fifty day moving average of $2.44 and a 200 day moving average of $2.62. Sinopharm Group has a fifty-two week low of $1.97 and a fifty-two week high of $2.96.

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.