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

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

Shandong Weigao Medical Polymer Price Performance

Shares of SHWGF stock opened at $0.73 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.73 and a quick ratio of 3.32. Shandong Weigao Medical Polymer has a one year low of $0.67 and a one year high of $0.73. The company’s 50-day moving average is $0.71 and its 200 day moving average is $0.71.

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.