Short Interest in MediPal Holdings Co. (OTCMKTS:MAHLY) Declines By 61.9%

MediPal Holdings Co. (OTCMKTS:MAHLY) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 800 shares, a decrease of 61.9% from the February 29th total of 2,100 shares. Based on an average trading volume of 600 shares, the short-interest ratio is currently 1.3 days.

MediPal Stock Performance

OTCMKTS:MAHLY remained flat at $15.45 on Thursday. MediPal has a 1-year low of $13.99 and a 1-year high of $17.19. The stock’s fifty day moving average price is $15.90 and its two-hundred day moving average price is $16.37.

About MediPal

Medipal Holdings Corporation engages in the prescription pharmaceutical wholesale business in Japan. It procures healthcare products related to diagnostics, testing, treatment, and administration comprises medical equipment and medical materials, and clinical diagnostic reagents for use from the pre-symptomatic stage; handles PMS services on contract for manufacturers; and invests in orphan drugs and other products.