Short Interest in Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS:SHPMF) Drops By 12.5%

Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS:SHPMF – Get Rating) saw a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 103,100 shares, a decrease of 12.5% from the February 13th total of 117,800 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Shanghai Pharmaceuticals Stock Performance

Shares of SHPMF stock opened at $1.86 on Monday. The stock’s fifty day moving average is $1.79 and its 200-day moving average is $1.60. Shanghai Pharmaceuticals has a 52 week low of $1.28 and a 52 week high of $2.10.

About Shanghai Pharmaceuticals

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Shanghai Pharmaceuticals Holding Co, Ltd., an investment holding company, researches, develops, manufactures, distributes, and retails pharmaceutical and healthcare products in the People's Republic of China. It operates through four segments: Production, Distribution, Retail, and Others. The company offers chemicals and biochemicals, Chinese medicines, healthcare products, and medical devices in various therapeutic areas, including oncology, cerebrocardiovascular, CNS, general infection, immunology, digestive and metabolism, and respiratory.