Short Interest in Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) Rises By 405.6%

Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 340,042 shares, a growth of 405.6% from the January 29th total of 67,254 shares. Based on an average daily volume of 14,687 shares, the short-interest ratio is currently 23.2 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 14,687 shares, the short-interest ratio is currently 23.2 days.

Shandong Weigao Medical Polymer Stock Performance

Shares of SHWGF opened at $0.73 on Friday. The business has a 50-day simple moving average of $0.70 and a two-hundred day simple moving average of $0.72. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.32 and a current ratio of 3.73. Shandong Weigao Medical Polymer has a 52 week low of $0.67 and a 52 week high of $0.73.

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.