Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) Sees Large Decline in Short Interest

Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a decrease of 89.5% from the February 28th total of 1,900 shares. Based on an average trading volume of 600 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Aspen Pharmacare Stock Performance

Shares of APNHY stock traded down $0.14 on Wednesday, reaching $9.18. The company had a trading volume of 900 shares, compared to its average volume of 604. Aspen Pharmacare has a one year low of $8.26 and a one year high of $13.69. The company has a quick ratio of 1.07, a current ratio of 1.81 and a debt-to-equity ratio of 0.30. The business’s 50-day moving average is $9.39 and its 200 day moving average is $9.77.

About Aspen Pharmacare

Aspen Pharmacare Holdings Limited, together with its subsidiaries, manufactures and supplies specialty and branded pharmaceutical products worldwide. It operates in Commercial Pharmaceuticals and Manufacturing segments. The company provides general anesthetics, muscle relaxants, and topical agents under the Anaesthetics brand; and a range of injectable anticoagulants with a focus on low molecular weight heparins, Xa inhibitors, and heparin derivatives under the Thrombosis brand.