Fosun International Limited (OTCMKTS:FOSUF – Get Free Report) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 30,263 shares, a drop of 94.4% from the February 26th total of 538,077 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Fosun International Price Performance
FOSUF stock remained flat at $0.43 during mid-day trading on Thursday. The business’s fifty day moving average is $0.43 and its 200 day moving average is $0.45. Fosun International has a 12-month low of $0.43 and a 12-month high of $0.69.
About Fosun International
Fosun International is a Shanghai‐based investment holding company with a diversified portfolio spanning insurance, healthcare, real estate, tourism, cultural entertainment and consumer goods. Since its founding in 1992 by Guo Guangchang and partners, the group has pursued a strategy of combining industrial expertise with financial investment to build integrated businesses across multiple sectors. Fosun’s approach emphasizes value creation through strategic acquisitions and long‐term partnerships.
In the insurance and wealth management arena, Fosun holds interests in both domestic and international insurers, providing a range of life, property and casualty products.
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