Short Interest in MediPal Holdings Co. (OTCMKTS:MAHLY) Declines By 41.4%

MediPal Holdings Co. (OTCMKTS:MAHLYGet Free Report) saw a significant decline in short interest in May. As of May 29th, there was short interest totaling 301 shares, a decline of 41.4% from the May 14th total of 514 shares. Based on an average trading volume of 489 shares, the short-interest ratio is presently 0.6 days.

MediPal Stock Performance

Shares of OTCMKTS:MAHLY opened at $16.64 on Wednesday. MediPal has a 52-week low of $14.60 and a 52-week high of $20.35. The firm has a fifty day moving average of $18.85 and a 200 day moving average of $18.45.

MediPal Company Profile

(Get Free Report)

MediPal (OTCMKTS: MAHLY) represents the American depositary receipts of Medipal Holdings Corporation, a Tokyo‐based integrated healthcare distributor. The company specializes in the procurement, warehousing and delivery of prescription pharmaceuticals, over-the-counter medicines, medical devices and nutritional supplements. Through its extensive logistics network, MediPal services a wide range of clients including retail pharmacies, drugstores, hospitals and clinics across Japan.

In addition to its core distribution activities, MediPal offers ancillary services such as in-store pharmacy management support, inventory control systems and consulting for healthcare retailers.

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