Sinopharm Group Co. Ltd. (OTCMKTS:SHTDY) Short Interest Update

Sinopharm Group Co. Ltd. (OTCMKTS:SHTDY) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totalling 1,900 shares, a growth of 46.2% from the May 31st total of 1,300 shares. Based on an average daily volume of 15,500 shares, the days-to-cover ratio is presently 0.1 days.

Sinopharm Group Price Performance

Shares of OTCMKTS SHTDY traded up $0.20 during mid-day trading on Friday, reaching $13.23. The company had a trading volume of 8,110 shares, compared to its average volume of 12,307. The stock has a fifty day moving average of $13.58 and a two-hundred day moving average of $13.21. Sinopharm Group has a 12-month low of $11.36 and a 12-month high of $16.31.

Sinopharm Group Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, August 28th. Stockholders of record on Wednesday, June 19th will be given a $0.491 dividend. This represents a dividend yield of 3.57%. This is a positive change from Sinopharm Group’s previous dividend of $0.49. The ex-dividend date of this dividend is Tuesday, June 18th.

Sinopharm Group Company Profile

Sinopharm Group Co Ltd., together with its subsidiaries, engages in the wholesale and retail of pharmaceutical and medical devices and healthcare products in the People's Republic of China. The company operates through four segments: Pharmaceutical Distribution, Medical Devices, Retail Pharmacy, and Other Business.