Fosun International Limited (OTCMKTS:FOSUF) Short Interest Up 96.5% in August

Fosun International Limited (OTCMKTS:FOSUF) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 35,077 shares, an increase of 96.5% from the August 15th total of 17,850 shares. Based on an average trading volume of 4,364 shares, the days-to-cover ratio is currently 8.0 days.

Fosun International Stock Performance

FOSUF opened at $0.67 on Thursday. The company’s 50 day moving average is $0.58 and its 200-day moving average is $0.49. Fosun International has a 1-year low of $0.49 and a 1-year high of $0.67.

Fosun International Company Profile

Fosun International is a Shanghai?based investment holding company with a diversified portfolio spanning insurance, healthcare, real estate, tourism, cultural entertainment and consumer goods. Since its founding in 1992 by Guo Guangchang and partners, the group has pursued a strategy of combining industrial expertise with financial investment to build integrated businesses across multiple sectors. Fosun’s approach emphasizes value creation through strategic acquisitions and long?term partnerships.

In the insurance and wealth management arena, Fosun holds interests in both domestic and international insurers, providing a range of life, property and casualty products.