Short Interest in CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) Decreases By 31.4%

CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) was the target of a large decrease in short interest in August. As of August 15th, there was short interest totalling 9,600 shares, a decrease of 31.4% from the July 31st total of 14,000 shares. Based on an average daily volume of 31,900 shares, the short-interest ratio is currently 0.3 days.

CSPC Pharmaceutical Group Stock Performance

CSPCY traded down C$0.01 during trading on Friday, reaching C$2.40. 28,231 shares of the company were exchanged, compared to its average volume of 23,901. The company’s 50-day moving average is C$2.95 and its two-hundred day moving average is C$3.12. CSPC Pharmaceutical Group has a 12-month low of C$2.35 and a 12-month 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.