Short Interest in Fosun International Limited (OTCMKTS:FOSUF) Rises By 142.7%

Fosun International Limited (OTCMKTS:FOSUF) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,502,800 shares, an increase of 142.7% from the October 15th total of 619,300 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 5,009.3 days.

Fosun International Price Performance

Shares of OTCMKTS:FOSUF remained flat at $0.60 on Wednesday. The business has a 50-day moving average price of $0.56 and a 200 day moving average price of $0.54. Fosun International has a 52-week low of $0.48 and a 52-week high of $0.79.

About Fosun International

Fosun International Limited operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally. It operates through five segments: Health, Happiness, Insurance, Asset Management, and Intelligent Manufacturing. The Health segment engages in the research, development, manufacture, sale, and trading of pharmaceutical, biopharmaceutical, and health products; and provision of medical and health management services.