Short Interest in Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) Decreases By 27.8%

Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) was the target of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 404,300 shares, a drop of 27.8% from the March 31st total of 559,600 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days. Currently, 0.0% of the company’s shares are short sold.

Shandong Weigao Group Medical Polymer Stock Performance

Shares of SHWGF stock opened at $0.76 on Friday. The stock has a fifty day moving average of $0.72 and a 200 day moving average of $0.71. Shandong Weigao Group Medical Polymer has a 52 week low of $0.65 and a 52 week high of $0.76. The company has a quick ratio of 2.89, a current ratio of 3.28 and a debt-to-equity ratio of 0.14.

Shandong Weigao Group Medical Polymer Company Profile

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.