CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) Sees Large Growth in Short Interest

CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 35,600 shares, an increase of 334.1% from the March 31st total of 8,200 shares. Based on an average daily volume of 47,100 shares, the short-interest ratio is presently 0.8 days.

CSPC Pharmaceutical Group Stock Up 2.2 %

CSPCY traded up C$0.07 during trading on Friday, hitting C$3.32. The company’s stock had a trading volume of 8,981 shares, compared to its average volume of 32,151. CSPC Pharmaceutical Group has a twelve month low of C$2.63 and a twelve month high of C$4.08. The business’s fifty day simple moving average is C$3.10 and its 200 day simple moving average is C$3.21.

About CSPC Pharmaceutical Group

CSPC Pharmaceutical Group Limited, an investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical products in the People's Republic of China, other Asian regions, the Americas, Europe, and internationally. The company operates through Finished Drugs, Bulk Products, and Functional Food and Others segments.