CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) Sees Large Decrease in Short Interest

CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 9,000 shares, a drop of 80.3% from the August 31st total of 45,800 shares. Based on an average daily trading volume, of 82,100 shares, the days-to-cover ratio is presently 0.1 days.

CSPC Pharmaceutical Group Trading Up 0.7 %

CSPCY stock traded up C$0.02 during trading on Friday, hitting C$2.84. 1,329,678 shares of the company traded hands, compared to its average volume of 35,565. The company has a 50-day moving average of C$2.67 and a 200-day moving average of C$3.03. CSPC Pharmaceutical Group has a 1 year low of C$2.25 and a 1 year high of C$3.71.

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.