Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) Short Interest Up 97.6% in March

Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) saw a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,990,267 shares, an increase of 97.6% from the February 26th total of 1,007,422 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Shandong Weigao Medical Polymer Price Performance

Shares of SHWGF stock opened at $0.73 on Thursday. The company’s 50-day simple moving average is $0.71 and its two-hundred day simple moving average is $0.71. Shandong Weigao Medical Polymer has a one year low of $0.67 and a one year high of $0.73. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.32 and a current ratio of 3.73.

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.