Short Interest in Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) Rises By 196.3%

Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) saw a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 1,007,422 shares, an increase of 196.3% from the February 12th total of 340,042 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Currently, 0.0% of the company’s shares are sold short.

Shandong Weigao Medical Polymer Stock Performance

Shandong Weigao Medical Polymer stock opened at $0.73 on Thursday. The business has a 50 day moving average of $0.71 and a 200-day moving average of $0.72. Shandong Weigao Medical Polymer has a 1 year low of $0.67 and a 1 year high of $0.73. The company has a quick ratio of 3.32, a current ratio of 3.73 and a debt-to-equity ratio of 0.17.

Shandong Weigao Medical Polymer Company Profile

Shandong Weigao Medical Polymer Co, Ltd. (OTCMKTS: SHWGF) is a China-based manufacturer of single-use medical devices and medical polymer products. Headquartered in Weihai, Shandong Province, the company operates under the umbrella of the Weigao Group and focuses on the development, production and distribution of disposable medical consumables.

The company’s product portfolio encompasses infusion and transfusion sets, disposable syringes, intravenous catheters, blood filters and apheresis sets, as well as devices for enteral nutrition and medical-grade tubing.