Short Interest in Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS:SHPMF) Grows By 30.2%

Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS:SHPMF) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 378,300 shares, an increase of 30.2% from the March 31st total of 290,500 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 1,891.5 days.

Shanghai Pharmaceuticals Price Performance

SHPMF stock remained flat at $1.21 during midday trading on Friday. Shanghai Pharmaceuticals has a twelve month low of $1.21 and a twelve month high of $2.08. The business has a 50 day moving average of $1.43 and a 200-day moving average of $1.43.

Shanghai Pharmaceuticals Company Profile

Shanghai Pharmaceuticals Holding Co, Ltd. researches, develops, manufactures, distributes, and retails pharmaceutical and healthcare products in China and internationally. It operates through four segments: Production, Distribution, Retail, and Others. The company offers chemicals and biochemicals, Chinese medicines, healthcare products, and medical devices in various therapeutic areas, including anti-tumor, heart and cerebral vessels, psychoneural, anti-infection, auto-immunity, digestive tract and metabolism, and respiratory system.