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

Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) was the target of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 1,355,500 shares, a growth of 36.6% from the November 15th total of 992,000 shares. Based on an average daily trading volume, of 23,100 shares, the short-interest ratio is currently 58.7 days.

Shandong Weigao Group Medical Polymer Stock Performance

Shandong Weigao Group Medical Polymer stock remained flat at $0.67 during trading hours on Friday. The firm has a fifty day simple moving average of $0.77 and a 200 day simple moving average of $0.89. Shandong Weigao Group Medical Polymer has a 12-month low of $0.67 and a 12-month high of $0.67. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.89 and a current ratio of 3.28.

Shandong Weigao Group Medical Polymer Company Profile

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.