CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) Short Interest Update

CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 7,100 shares, an increase of 14.5% from the September 30th total of 6,200 shares. Based on an average daily trading volume, of 59,900 shares, the days-to-cover ratio is currently 0.1 days.

CSPC Pharmaceutical Group Price Performance

OTCMKTS CSPCY traded up C$0.01 on Tuesday, reaching C$3.15. The stock had a trading volume of 4,898 shares, compared to its average volume of 42,179. CSPC Pharmaceutical Group has a 12-month low of C$2.25 and a 12-month high of C$3.82. The business’s 50-day moving average price is C$2.81 and its 200 day moving average price is C$3.05.

CSPC Pharmaceutical Group Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Friday, November 1st will be paid a dividend of $0.0575 per share. The ex-dividend date is Friday, November 1st. This is a boost from CSPC Pharmaceutical Group’s previous dividend of $0.06.

About CSPC Pharmaceutical Group

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, North America, Europe, and internationally. The company operates through Finished Drugs, Bulk Products, and Functional Food and Others segments.