Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) Sees Significant Growth in Short Interest

Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 289,700 shares, a growth of 849.8% from the February 28th total of 30,500 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 0 shares, the short-interest ratio is currently ? days.

Shandong Weigao Group Medical Polymer Stock Performance

SHWGF opened at $0.66 on Friday. The company has a quick ratio of 2.89, a current ratio of 3.28 and a debt-to-equity ratio of 0.14. The stock’s 50 day moving average price is $0.66 and its 200-day moving average price is $0.74. Shandong Weigao Group Medical Polymer has a one year low of $0.65 and a one year high of $0.67.

About Shandong Weigao Group Medical Polymer

Shandong Weigao Group Medical Polymer Company Limited engages in the research and development, production, wholesale, and sale of medical devices in the People’s Republic of China. It operates through Medical Device Products, Orthopaedic Products, Interventional Products, Pharma Packaging Products, Blood Management Products, and Others segments.