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

CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 35,600 shares, an increase 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 presently 0.8 days.

CSPC Pharmaceutical Group Stock Performance

Shares of OTCMKTS CSPCY traded up C$0.07 during trading hours on Friday, hitting C$3.32. 8,981 shares of the company traded hands, compared to its average volume of 32,151. The company’s 50 day moving average price is C$3.10 and its 200 day moving average price is C$3.21. CSPC Pharmaceutical Group has a 12 month low of C$2.63 and a 12 month 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.