Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS:SHPMF) Short Interest Update

Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS:SHPMF) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 546,949 shares, a drop of 39.9% from the November 30th total of 910,049 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Shanghai Pharmaceuticals Price Performance

Shares of SHPMF stock opened at $1.53 on Monday. The business’s fifty day moving average is $1.53 and its 200 day moving average is $1.54. Shanghai Pharmaceuticals has a twelve month low of $0.99 and a twelve month high of $1.95.

About Shanghai Pharmaceuticals

Shanghai Pharmaceuticals (OTCMKTS: SHPMF) is a leading integrated healthcare company headquartered in Shanghai, China. Established in 1994 through the consolidation of state‐owned pharmaceutical entities, the firm has built a comprehensive business model spanning pharmaceutical distribution, manufacturing and retail pharmacy services. The company’s core distribution network delivers prescription and over‐the‐counter medications, medical devices and healthcare products to hospitals, clinics and community pharmacies across mainland China.

In its manufacturing segment, Shanghai Pharmaceuticals produces active pharmaceutical ingredients (APIs), finished dosage forms and chemical intermediates.