Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) Short Interest Up 745.8% in April

Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 4,451,429 shares, a growth of 745.8% from the March 31st total of 526,267 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 5,455 shares, the short-interest ratio is currently 816.0 days.

Shandong Weigao Medical Polymer Price Performance

Shares of Shandong Weigao Medical Polymer stock opened at $0.45 on Friday. Shandong Weigao Medical Polymer has a twelve month low of $0.45 and a twelve month high of $0.73. The company’s fifty day moving average is $0.62 and its 200 day moving average is $0.67.

About Shandong Weigao Medical Polymer

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.