CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) Sees Significant Growth in Short Interest

CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 2,400 shares, a growth of 166.7% from the February 28th total of 900 shares. Based on an average daily volume of 160,100 shares, the days-to-cover ratio is presently 0.0 days.

CSPC Pharmaceutical Group Price Performance

OTCMKTS:CSPCY traded up C$0.11 during trading hours on Friday, hitting C$2.59. 2,057 shares of the company’s stock traded hands, compared to its average volume of 37,565. CSPC Pharmaceutical Group has a 52 week low of C$2.15 and a 52 week high of C$3.82. The business’s fifty day simple moving average is C$2.37 and its two-hundred day simple moving average is C$2.56.

CSPC Pharmaceutical Group Company Profile

CSPC Pharmaceutical Group Limited, an investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical products in the People's Republic of China, other Asian regions, North America, Europe, and internationally. The company operates through Finished Drugs, Bulk Products, and Functional Food and Others segments.