Short Interest in MediPal Holdings Co. (OTCMKTS:MAHLY) Decreases By 62.8%

MediPal Holdings Co. (OTCMKTS:MAHLY) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 111 shares, a decrease of 62.8% from the June 30th total of 298 shares. Based on an average daily trading volume, of 133 shares, the days-to-cover ratio is currently 0.8 days.

MediPal Price Performance

OTCMKTS:MAHLY remained flat at $18.30 during trading hours on Tuesday. 1,026 shares of the company’s stock traded hands, compared to its average volume of 705. The firm has a 50-day moving average of $17.59 and a 200 day moving average of $18.30. MediPal has a twelve month low of $15.37 and a twelve month high of $20.35.

About MediPal

MediPal (OTCMKTS: MAHLY) represents the American depositary receipts of Medipal Holdings Corporation, a Tokyo‐based integrated healthcare distributor. The company specializes in the procurement, warehousing and delivery of prescription pharmaceuticals, over-the-counter medicines, medical devices and nutritional supplements. Through its extensive logistics network, MediPal services a wide range of clients including retail pharmacies, drugstores, hospitals and clinics across Japan.

In addition to its core distribution activities, MediPal offers ancillary services such as in-store pharmacy management support, inventory control systems and consulting for healthcare retailers.