Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) Sees Significant Growth in Short Interest

Shandong Weigao Group Medical Polymer Company Limited (OTCMKTS:SHWGF) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,785,900 shares, a growth of 42.7% from the December 15th total of 1,251,500 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Shandong Weigao Group Medical Polymer Stock Performance

SHWGF stock remained flat at $0.67 during midday trading on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.28 and a quick ratio of 2.89. Shandong Weigao Group Medical Polymer has a 1-year low of $0.67 and a 1-year high of $0.67. The business’s fifty day simple moving average is $0.67 and its two-hundred day simple moving average is $0.84.

About Shandong Weigao Group Medical Polymer

Shandong Weigao Group Medical Polymer Company Limited engages in the research and development, production, wholesale, and sale of medical devices in the People’s Republic of China. It operates through Medical Device Products, Orthopaedic Products, Interventional Products, Pharma Packaging Products, Blood Management Products, and Others segments.