Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) Sees Significant Drop in Short Interest

Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 7,050 shares, a decline of 99.8% from the August 15th total of 4,165,050 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 769 shares, the days-to-cover ratio is currently 9.2 days.

Shandong Weigao Medical Polymer Trading Down 0.2%

Shares of OTCMKTS:SHWGF opened at $0.40 on Friday. The company has a fifty day moving average of $0.43 and a 200-day moving average of $0.49. Shandong Weigao Medical Polymer has a 52-week low of $0.40 and a 52-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.