Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF – Get Free Report) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 7,050 shares, a drop of 99.8% from the August 15th total of 4,165,050 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 769 shares, the short-interest ratio is presently 9.2 days.
Shandong Weigao Medical Polymer Price Performance
Shares of OTCMKTS SHWGF opened at $0.40 on Friday. The stock’s fifty day moving average price is $0.43 and its two-hundred day moving average price is $0.49. Shandong Weigao Medical Polymer has a one year low of $0.40 and a one year high of $0.73.
Shandong Weigao Medical Polymer Company Profile
Shandong Weigao Medical Polymer Co, Ltd. (OTCMKTS: SHWGF) is a China-based manufacturer of single-use medical devices and medical polymer products. Headquartered in Weihai, Shandong Province, the company operates under the umbrella of the Weigao Group and focuses on the development, production and distribution of disposable medical consumables.
The company’s product portfolio encompasses infusion and transfusion sets, disposable syringes, intravenous catheters, blood filters and apheresis sets, as well as devices for enteral nutrition and medical-grade tubing.
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