CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) Short Interest Update

CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totalling 14,900 shares, a growth of 23.1% from the June 15th total of 12,100 shares. Based on an average daily volume of 28,800 shares, the short-interest ratio is currently 0.5 days.

CSPC Pharmaceutical Group Stock Down 0.6 %

Shares of CSPCY stock traded down C$0.02 during mid-day trading on Friday, reaching C$3.10. The stock had a trading volume of 14,921 shares, compared to its average volume of 24,051. The business’s fifty day moving average is C$3.31 and its 200-day moving average is C$3.20. CSPC Pharmaceutical Group has a 1-year low of C$2.63 and a 1-year high of C$3.71.

CSPC Pharmaceutical Group Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, July 11th. Stockholders of record on Monday, June 3rd were issued a $0.0573 dividend. The ex-dividend date of this dividend was Friday, May 31st. This is a positive change from CSPC Pharmaceutical Group’s previous dividend of $0.06.

CSPC Pharmaceutical Group Company Profile

CSPC Pharmaceutical Group Limited, an investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical products in the People's Republic of China, other Asian regions, North America, Europe, and internationally. The company operates through Finished Drugs, Bulk Products, and Functional Food and Others segments.