Hua Medicine (Shanghai) Ltd. (OTCMKTS:HUMDF) Sees Large Drop in Short Interest

Hua Medicine (Shanghai) Ltd. (OTCMKTS:HUMDFGet Free Report) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 13,945 shares, a decline of 40.1% from the June 15th total of 23,273 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Hua Medicine (Shanghai) Price Performance

OTCMKTS HUMDF remained flat at C$0.34 on Thursday. The business has a 50 day simple moving average of C$0.39 and a 200 day simple moving average of C$0.41. Hua Medicine has a twelve month low of C$0.34 and a twelve month high of C$0.50.

About Hua Medicine (Shanghai)

(Get Free Report)

Hua Medicine (Shanghai) is a clinical-stage biopharmaceutical company focused on the research, development and commercialization of innovative treatments for Type 2 diabetes and related metabolic disorders. The company’s pipeline comprises both oral and injectable candidates that leverage novel biological targets and proprietary chemistry to improve glycemic control, minimize side effects and enhance patient adherence.

Founded and headquartered in Shanghai, Hua Medicine has established research hubs and strategic partnerships across Asia and Europe.

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