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

Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF - Get Free Report) saw a large drop in short interest in the month of 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 trading volume of 4,400 shares, the days-to-cover ratio is currently 7.7 days.

Shandong Weigao Group Medical Polymer Price Performance

OTCMKTS SHWGF remained flat at $0.96 on Friday. The business has a 50 day moving average of $0.96 and a two-hundred day moving average of $0.96. The company has a current ratio of 3.28, a quick ratio of 2.89 and a debt-to-equity ratio of 0.14. Shandong Weigao Group Medical Polymer has a 12-month low of $0.96 and a 12-month high of $0.97.

Shandong Weigao Group Medical Polymer Company Profile

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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