Short Interest in Fosun International Limited (OTCMKTS:FOSUF) Grows By 142.7%

Fosun International Limited (OTCMKTS:FOSUF) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 1,502,800 shares, a growth of 142.7% from the October 15th total of 619,300 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is currently 5,009.3 days.

Fosun International Price Performance

Shares of OTCMKTS FOSUF remained flat at $0.60 during mid-day trading on Friday. Fosun International has a 12-month low of $0.48 and a 12-month high of $0.79. The stock’s 50-day moving average is $0.57 and its 200 day moving average is $0.54.

About Fosun International

Fosun International Limited operates in the health, happiness, wealth, and intelligent manufacturing sectors in Mainland China, Portugal, and internationally. It operates through five segments: Health, Happiness, Insurance, Asset Management, and Intelligent Manufacturing. The Health segment engages in the research, development, manufacture, sale, and trading of pharmaceutical, biopharmaceutical, and health products; and provision of medical and health management services.