Short Interest in Aspen Pharmacare (OTCMKTS:APNHY) Expands By 168.8%

Aspen Pharmacare (OTCMKTS:APNHY) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 4,300 shares, a growth of 168.8% from the September 15th total of 1,600 shares. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is presently 1.2 days.

Aspen Pharmacare Price Performance

Shares of Aspen Pharmacare stock opened at $5.78 on Monday. The stock has a 50 day moving average of $5.88 and a 200 day moving average of $6.50. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.21 and a quick ratio of 1.18. Aspen Pharmacare has a 12 month low of $5.24 and a 12 month high of $10.48.

Aspen Pharmacare Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, October 21st. Investors of record on Monday, October 6th will be issued a $0.0725 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a dividend yield of 138.0%.

About Aspen Pharmacare

Aspen Pharmacare Holdings Limited, together with its subsidiaries, manufactures and supplies specialty and branded pharmaceutical products worldwide. It operates in Commercial Pharmaceuticals and Manufacturing segments. The company provides general anesthetics, muscle relaxants, and topical agents under the Anaesthetics brand; and a range of injectable anticoagulants with a focus on low molecular weight heparins, Xa inhibitors, and heparin derivatives under the Thrombosis brand.