Short Interest in Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) Declines By 98.7%

by · The Cerbat Gem

Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF – Get Free Report) saw a significant drop in short interest in October. As of October 15th, there was short interest totalling 33,800 shares, a drop of 98.7% from the September 30th total of 2,541,300 shares. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is currently 7.7 days.

Shandong Weigao Group Medical Polymer Stock Performance

Shares of OTCMKTS:SHWGF opened at $0.96 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.89 and a current ratio of 3.28. The firm has a 50 day simple moving average of $0.96 and a 200-day simple moving average of $0.96. Shandong Weigao Group Medical Polymer has a twelve month low of $0.96 and a twelve month high of $0.97.

Shandong Weigao Group Medical Polymer Company Profile

(Get Free Report)

Shandong Weigao Group Medical Polymer Company Limited engages in the research and development, production, wholesale, and sale of medical devices in the People’s Republic of China. It operates through Medical Device Products, Orthopaedic Products, Interventional Products, Pharma Packaging Products, Blood Management Products, and Others segments.

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