Fosun International Limited (OTCMKTS:FOSUF) Sees Large Drop in Short Interest

Fosun International Limited (OTCMKTS:FOSUF) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 19,763 shares, a decline of 43.7% from the August 31st total of 35,077 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 98.8 days.

Fosun International Stock Performance

FOSUF stock remained flat at $0.67 on Wednesday. The business’s 50 day moving average price is $0.63 and its two-hundred day moving average price is $0.50. Fosun International has a twelve month low of $0.49 and a twelve month high of $0.67.

Fosun International Company Profile

Fosun International Limited is a China-based global investment and operating group founded in Shanghai in 1992. The company develops and manages businesses across several industries, with activities spanning health, insurance, asset management, tourism, consumer products and other services. Fosun International has been listed on the Hong Kong Stock Exchange since 2007.

Through its health-related businesses, the group is involved in pharmaceutical research, manufacturing and distribution, medical services and healthcare management.