Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) Short Interest Up 405.6% in February

Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 340,042 shares, an increase of 405.6% from the January 29th total of 67,254 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 14,687 shares, the days-to-cover ratio is presently 23.2 days. Based on an average daily volume of 14,687 shares, the days-to-cover ratio is presently 23.2 days. Approximately 0.0% of the shares of the stock are sold short.

Shandong Weigao Medical Polymer Stock Performance

Shares of Shandong Weigao Medical Polymer stock opened at $0.73 on Thursday. The company’s 50 day moving average price is $0.70 and its two-hundred day moving average price is $0.72. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.32 and a current ratio of 3.73. Shandong Weigao Medical Polymer has a fifty-two week low of $0.67 and a fifty-two week high of $0.73.

Shandong Weigao Medical Polymer Company Profile

Shandong Weigao Medical Polymer Co, Ltd. (OTCMKTS: SHWGF) is a China-based manufacturer of single-use medical devices and medical polymer products. Headquartered in Weihai, Shandong Province, the company operates under the umbrella of the Weigao Group and focuses on the development, production and distribution of disposable medical consumables.

The company’s product portfolio encompasses infusion and transfusion sets, disposable syringes, intravenous catheters, blood filters and apheresis sets, as well as devices for enteral nutrition and medical-grade tubing.