Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS:SHPMF) Brief Update on Interests

Shanghai Pharmaceuticals Holding Co., Ltd (OTCMKTS: SHPMFGet a rating) benefited from a sharp increase in short-term interest during the month of April. As of April 15, there was short interest totaling 30,300 shares, an increase of 71.2% from the March 31 total of 17,700 shares. Based on an average daily trading volume of 12,900 shares, the short interest ratio is currently 2.3 days.

Shares of OTCMKTS SHPMF opened at $1.54 on Friday. Shanghai Pharmaceuticals has a 1-year low of $1.48 and a 1-year high of $2.31. The company’s fifty-day moving average is $1.77 and its two-hundred-day moving average is $1.81.

Shanghai Pharmaceutical Company Profile (Get a rating)

Shanghai Pharmaceuticals Holding Co, Ltd., an investment holding company, researches, develops, manufactures, distributes and retails pharmaceutical and healthcare products in the People’s Republic of China. It operates through the segments of generation, distribution, retail and others. The Company offers chemical and biochemical products, Chinese medicines, healthcare products and medical devices in various therapeutic areas, including digestion and immune system, cardiovascular disease, anti-infectives, nervous system and mental disorders. , and oncology.

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