Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) Sees Large Increase in Short Interest

Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) was the target of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 3,400 shares, an increase of 100.0% from the February 29th total of 1,700 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is currently 4.3 days.

Aspen Pharmacare Price Performance

APNHY opened at $11.50 on Friday. The business has a 50 day moving average price of $10.61 and a 200 day moving average price of $9.97. Aspen Pharmacare has a twelve month low of $8.35 and a twelve month high of $11.50. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.08 and a current ratio of 1.92.

About Aspen Pharmacare

Aspen Pharmacare Holdings Limited, together with its subsidiaries, manufactures and supplies specialty and branded pharmaceutical products worldwide. It operates in Commercial Pharmaceuticals and Manufacturing segments. The company provides general anesthetics, muscle relaxants, and topical agents under the Anaesthetics brand; and a range of injectable anticoagulants with a focus on low molecular weight heparins, Xa inhibitors, and heparin derivatives under the Thrombosis brand.