MediPal Holdings Co. (OTCMKTS:MAHLY – Get Free Report) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 111 shares, a decline of 62.8% from the June 30th total of 298 shares. Based on an average daily trading volume, of 133 shares, the days-to-cover ratio is currently 0.8 days.
MediPal Price Performance
Shares of MAHLY stock opened at $17.63 on Monday. The firm has a fifty day moving average of $17.60 and a 200-day moving average of $18.29. MediPal has a 12-month low of $15.37 and a 12-month high of $20.35.
About MediPal
MediPal (OTCMKTS: MAHLY) represents the American depositary receipts of Medipal Holdings Corporation, a Tokyo?based integrated healthcare distributor. The company specializes in the procurement, warehousing and delivery of prescription pharmaceuticals, over-the-counter medicines, medical devices and nutritional supplements. Through its extensive logistics network, MediPal services a wide range of clients including retail pharmacies, drugstores, hospitals and clinics across Japan.
In addition to its core distribution activities, MediPal offers ancillary services such as in-store pharmacy management support, inventory control systems and consulting for healthcare retailers.
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