Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) Short Interest Up 85.6% in May

Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF - Get Free Report) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totalling 2,889,900 shares, an increase of 85.6% from the April 30th total of 1,557,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Currently, 0.1% of the shares of the stock are sold short.

Shandong Weigao Group Medical Polymer Price Performance

SHWGF stock remained flat at $0.76 during mid-day trading on Wednesday. Shandong Weigao Group Medical Polymer has a fifty-two week low of $0.65 and a fifty-two week high of $0.76. The company has a current ratio of 3.28, a quick ratio of 2.89 and a debt-to-equity ratio of 0.14. The firm's fifty day moving average is $0.76 and its 200-day moving average is $0.70.

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.