Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) Sees Significant Growth in Short Interest

Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 289,700 shares, an increase of 849.8% from the February 28th total of 30,500 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Shandong Weigao Group Medical Polymer Price Performance

Shares of OTCMKTS:SHWGF opened at $0.66 on Friday. The company has a current ratio of 3.28, a quick ratio of 2.89 and a debt-to-equity ratio of 0.14. Shandong Weigao Group Medical Polymer has a 12-month low of $0.65 and a 12-month high of $0.67. The business’s fifty day simple moving average is $0.66 and its 200-day simple moving average is $0.74.

Shandong Weigao Group Medical Polymer Company Profile

Shandong Weigao Group Medical Polymer Company Limited engages in the research and development, production, wholesale, and sale of medical devices in the People’s Republic of China. It operates through Medical Device Products, Orthopaedic Products, Interventional Products, Pharma Packaging Products, Blood Management Products, and Others segments.