Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) Sees Significant Decline in Short Interest

Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 1,200 shares, a decline of 64.7% from the March 31st total of 3,400 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 6.0 days.

Aspen Pharmacare Stock Performance

Shares of OTCMKTS:APNHY traded up $0.31 during trading on Friday, reaching $11.29. 270 shares of the company traded hands, compared to its average volume of 174. The company’s 50 day moving average is $11.06 and its two-hundred day moving average is $10.35. Aspen Pharmacare has a 52 week low of $8.35 and a 52 week high of $11.59.

About Aspen Pharmacare

Aspen Pharmacare Holdings Limited, together with its subsidiaries, manufactures and supplies specialty and branded pharmaceutical products worldwide. It operates in Commercial Pharmaceuticals and Manufacturing segments. The company provides general anesthetics, muscle relaxants, and topical agents under the Anaesthetics brand; and a range of injectable anticoagulants with a focus on low molecular weight heparins, Xa inhibitors, and heparin derivatives under the Thrombosis brand.