Sinopharm Group Co. Ltd. (OTCMKTS:SHTDY) Short Interest Up 46.2% in June

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDY) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 1,900 shares, an increase of 46.2% from the May 31st total of 1,300 shares. Based on an average trading volume of 15,500 shares, the short-interest ratio is presently 0.1 days.

Sinopharm Group Stock Performance

Shares of Sinopharm Group stock traded up $0.20 during trading on Monday, hitting $13.23. The stock had a trading volume of 8,100 shares, compared to its average volume of 12,306. The stock has a 50 day simple moving average of $13.58 and a 200 day simple moving average of $13.22. Sinopharm Group has a 1 year low of $11.36 and a 1 year high of $16.31.

Sinopharm Group Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, August 28th. Stockholders of record on Wednesday, June 19th will be given a $0.491 dividend. This is an increase from Sinopharm Group’s previous dividend of $0.49. This represents a dividend yield of 3.57%. The ex-dividend date is Tuesday, June 18th.

About Sinopharm Group

Sinopharm Group Co Ltd., together with its subsidiaries, engages in the wholesale and retail of pharmaceutical and medical devices and healthcare products in the People's Republic of China. The company operates through four segments: Pharmaceutical Distribution, Medical Devices, Retail Pharmacy, and Other Business.