MediPal Holdings Co. (OTCMKTS:MAHLY) Short Interest Up 372.7% in February

MediPal Holdings Co. (OTCMKTS:MAHLY) was the target of a large increase in short interest in February. As of February 15th, there was short interest totalling 5,200 shares, an increase of 372.7% from the January 31st total of 1,100 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is currently 4.3 days.

MediPal Stock Performance

Shares of MAHLY stock traded down $0.18 during trading hours on Friday, hitting $14.08. 350 shares of the company were exchanged, compared to its average volume of 768. MediPal has a one year low of $14.03 and a one year high of $19.07. The business’s 50-day simple moving average is $15.32 and its two-hundred day simple moving average is $16.61.

MediPal Company Profile

Medipal Holdings Corporation engages in the prescription pharmaceutical wholesale business in Japan. It procures healthcare products related to diagnostics, testing, treatment, and administration comprises medical equipment and medical materials, and clinical diagnostic reagents for use from the pre-symptomatic stage; handles PMS services on contract for manufacturers; and invests in orphan drugs and other products.