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

Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) was the recipient of a large increase in short interest in the month of 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. Based on an average daily trading volume, of 14,687 shares, the days-to-cover ratio is presently 23.2 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 14,687 shares, the days-to-cover ratio is presently 23.2 days.

Shandong Weigao Medical Polymer Price Performance

OTCMKTS SHWGF opened at $0.73 on Thursday. The business has a fifty day moving average price of $0.70 and a two-hundred day moving average price of $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.