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

Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 559,600 shares, a growth of 93.2% from the March 15th total of 289,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 5,596.0 days. Currently, 0.0% of the company’s shares are short sold.

Shandong Weigao Group Medical Polymer Price Performance

SHWGF stock remained flat at $0.76 during trading on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.28 and a quick ratio of 2.89. Shandong Weigao Group Medical Polymer has a 52-week low of $0.65 and a 52-week high of $0.76. The stock has a 50 day moving average of $0.70 and a 200 day moving average of $0.72.

About Shandong Weigao Group Medical Polymer

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.