Medicure Inc. (OTCMKTS:MCUJF) Sees Large Decrease in Short Interest

Medicure Inc. (OTCMKTS:MCUJF) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 900 shares, a drop of 18.2% from the November 15th total of 1,100 shares. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is presently 1.0 days.

Medicure Stock Performance

Shares of Medicure stock remained flat at $0.70 during trading on Friday. The firm has a market capitalization of $7.31 million, a PE ratio of -5.00 and a beta of 0.98. The business has a 50-day simple moving average of $0.66 and a two-hundred day simple moving average of $0.74. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.64 and a current ratio of 2.03. Medicure has a twelve month low of $0.58 and a twelve month high of $1.03.

About Medicure

Medicure Inc, a biopharmaceutical company, engages in the research, development, and commercialization of human therapies for the cardiovascular market. The company markets and distributes AGGRASTAT injection, a glycoprotein GP IIb/IIIa receptor antagonist for the treatment of acute coronary syndrome, including unstable angina and non-Q-wave myocardial infarction.