Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) Sees Significant Decline in Short Interest

Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 133,600 shares, a decline of 14.4% from the March 31st total of 156,000 shares. Approximately 1.6% of the company’s shares are sold short. Based on an average daily trading volume, of 421,900 shares, the short-interest ratio is currently 0.3 days.

Meihua International Medical Technologies Trading Up 2.8 %

MHUA opened at $0.68 on Monday. The business’s 50-day moving average price is $0.72 and its 200-day moving average price is $1.26. Meihua International Medical Technologies has a 12 month low of $0.60 and a 12 month high of $9.32.

About Meihua International Medical Technologies

Meihua International Medical Technologies Co, Ltd. engages in the manufacture, sells, and marketing of medical consumables in the People's Republic of China. The company offers class I, II, and III disposable medical devices. Its products include non-bottled products, such as brushes and ID bracelets; and polyethylene bottled products, such as eye drop and tablet bottles, as well as electronic pumps.