Short Interest in CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) Expands By 334.1%

CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 35,600 shares, a growth of 334.1% from the March 31st total of 8,200 shares. Based on an average daily trading volume, of 47,100 shares, the days-to-cover ratio is presently 0.8 days.

CSPC Pharmaceutical Group Price Performance

Shares of CSPCY stock traded up C$0.07 during mid-day trading on Friday, hitting C$3.32. The company had a trading volume of 8,600 shares, compared to its average volume of 32,151. CSPC Pharmaceutical Group has a 52-week low of C$2.63 and a 52-week high of C$4.08. The stock’s 50 day moving average price is C$3.10 and its 200-day moving average price is C$3.21.

CSPC Pharmaceutical Group Company Profile

CSPC Pharmaceutical Group Limited, an investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical products in the People's Republic of China, other Asian regions, the Americas, Europe, and internationally. The company operates through Finished Drugs, Bulk Products, and Functional Food and Others segments.