Fosun International Limited (OTCMKTS:FOSUF – Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 35,077 shares, a growth of 96.5% from the August 15th total of 17,850 shares. Based on an average daily volume of 4,364 shares, the days-to-cover ratio is currently 8.0 days.
Fosun International Stock Performance
Shares of FOSUF remained flat at $0.67 during trading hours on Wednesday. The business’s 50-day moving average price is $0.58 and its two-hundred day moving average price is $0.49. Fosun International has a 52-week low of $0.49 and a 52-week high of $0.67.
Fosun International Company Profile
Fosun International is a Shanghai‐based investment holding company with a diversified portfolio spanning insurance, healthcare, real estate, tourism, cultural entertainment and consumer goods. Since its founding in 1992 by Guo Guangchang and partners, the group has pursued a strategy of combining industrial expertise with financial investment to build integrated businesses across multiple sectors. Fosun’s approach emphasizes value creation through strategic acquisitions and long‐term partnerships.
In the insurance and wealth management arena, Fosun holds interests in both domestic and international insurers, providing a range of life, property and casualty products.
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