Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) Short Interest Up 97.6% in March

Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 1,990,267 shares, a growth of 97.6% from the February 26th total of 1,007,422 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days. Currently, 0.0% of the company’s stock are sold short.

Shandong Weigao Medical Polymer Price Performance

Shares of SHWGF opened at $0.73 on Thursday. The company has a 50 day moving average of $0.71 and a two-hundred day moving average of $0.71. 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 twelve month low of $0.67 and a twelve month high of $0.73.

About Shandong Weigao Medical Polymer

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.