Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) Sees Significant Decline in Short Interest

Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 133,600 shares, a decrease of 14.4% from the March 31st total of 156,000 shares. Approximately 1.6% of the company’s shares are short sold. Based on an average daily volume of 421,900 shares, the short-interest ratio is presently 0.3 days.

Meihua International Medical Technologies Stock Up 2.8 %

Shares of MHUA stock opened at $0.68 on Monday. Meihua International Medical Technologies has a one year low of $0.60 and a one year high of $9.32. The company has a 50 day moving average price of $0.72 and a 200 day moving average price of $1.26.

About Meihua International Medical Technologies

Meihua International Medical Technologies Co, Ltd. engages in the manufacture, sells, and marketing of medical consumables in the People's Republic of China. The company offers class I, II, and III disposable medical devices. Its products include non-bottled products, such as brushes and ID bracelets; and polyethylene bottled products, such as eye drop and tablet bottles, as well as electronic pumps.