Sinopharm Group Co. Ltd. (OTCMKTS:SHTDF) Sees Large Drop in Short Interest

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDF) was the recipient of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 1,448,400 shares, a drop of 37.3% from the March 31st total of 2,310,200 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 3,621.0 days.

Sinopharm Group Price Performance

SHTDF traded down $0.25 on Monday, hitting $2.64. 140 shares of the company were exchanged, compared to its average volume of 731. Sinopharm Group has a 12 month low of $2.30 and a 12 month high of $3.50. The firm has a fifty day simple moving average of $2.70 and a two-hundred day simple moving average of $2.60.

About Sinopharm Group

Sinopharm Group Co Ltd., together with its subsidiaries, engages in the wholesale and retail of pharmaceutical and medical devices and healthcare products in the People's Republic of China. The company operates through four segments: Pharmaceutical Distribution, Medical Devices, Retail Pharmacy, and Other Business.