CareRx Co. (OTCMKTS:CHHHF) Short Interest Up 37.5% in March

CareRx Co. (OTCMKTS:CHHHF – Get Rating) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 2,200 shares, an increase of 37.5% from the March 15th total of 1,600 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 11.0 days.

Separately, Desjardins increased their target price on shares of CareRx from C$9.50 to C$10.00 in a report on Tuesday, March 22nd.

CHHHF stock opened at $4.28 on Friday. CareRx has a 52 week low of $3.86 and a 52 week high of $5.55. The firm’s fifty day moving average is $4.14 and its 200 day moving average is $4.21.

CareRx Company Profile (Get Rating)

CareRx Corporation, together with its subsidiaries, provides specialty pharmacy services to seniors in Canada. The company operates a network of pharmacy fulfilment centers that provide chronic medication and other specialty clinical pharmacy services. It serves approximately 50,000 residents in approximately 900 seniors and other communities, including long-term care homes, retirement homes, assisted living facilities, and group homes.

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