Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) Sees Large Increase in Short Interest

Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY - Get Free Report) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 2,000 shares, an increase of 566.7% from the March 31st total of 300 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily volume of 2,000 shares, the short-interest ratio is currently 1.0 days.

Aspen Pharmacare Price Performance

OTCMKTS:APNHY traded down $0.29 during trading hours on Thursday, hitting $6.30. The stock had a trading volume of 234 shares, compared to its average volume of 1,359. Aspen Pharmacare has a 1-year low of $5.76 and a 1-year high of $13.69. The company has a quick ratio of 1.07, a current ratio of 1.81 and a debt-to-equity ratio of 0.30. The business has a 50 day simple moving average of $8.68 and a two-hundred day simple moving average of $9.19.

About Aspen Pharmacare

Aspen Pharmacare Holdings Limited, together with its subsidiaries, manufactures and supplies specialty and branded pharmaceutical products worldwide. It operates in Commercial Pharmaceuticals and Manufacturing segments. The company provides general anesthetics, muscle relaxants, and topical agents under the Anaesthetics brand; and a range of injectable anticoagulants with a focus on low molecular weight heparins, Xa inhibitors, and heparin derivatives under the Thrombosis brand.