Short Interest in CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) Expands By 334.1%

CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 35,600 shares, a growth of 334.1% from the March 31st total of 8,200 shares. Based on an average daily volume of 47,100 shares, the days-to-cover ratio is currently 0.8 days.

CSPC Pharmaceutical Group Stock Up 2.2 %

Shares of OTCMKTS:CSPCY traded up C$0.07 during midday trading on Friday, reaching C$3.32. 8,600 shares of the company’s stock were exchanged, compared to its average volume of 32,151. The firm’s 50 day simple moving average is C$3.10 and its two-hundred day simple moving average is C$3.21. CSPC Pharmaceutical Group has a fifty-two week low of C$2.63 and a fifty-two week high of C$4.08.

CSPC Pharmaceutical Group Company Profile

CSPC Pharmaceutical Group Limited, an investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical products in the People's Republic of China, other Asian regions, the Americas, Europe, and internationally. The company operates through Finished Drugs, Bulk Products, and Functional Food and Others segments.