Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS:SHPMF) Short Interest Update

Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS:SHPMF) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 546,949 shares, a decrease of 39.9% from the November 30th total of 910,049 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ? days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ? days.

Shanghai Pharmaceuticals Stock Performance

Shanghai Pharmaceuticals stock opened at $1.53 on Tuesday. The business has a 50-day moving average of $1.53 and a 200-day moving average of $1.54. Shanghai Pharmaceuticals has a 1 year low of $0.99 and a 1 year high of $1.95.

About Shanghai Pharmaceuticals

Shanghai Pharmaceuticals (OTCMKTS: SHPMF) is a leading integrated healthcare company headquartered in Shanghai, China. Established in 1994 through the consolidation of state?owned pharmaceutical entities, the firm has built a comprehensive business model spanning pharmaceutical distribution, manufacturing and retail pharmacy services. The company’s core distribution network delivers prescription and over?the?counter medications, medical devices and healthcare products to hospitals, clinics and community pharmacies across mainland China.

In its manufacturing segment, Shanghai Pharmaceuticals produces active pharmaceutical ingredients (APIs), finished dosage forms and chemical intermediates.