Fosun International Limited (OTCMKTS:FOSUF – Get Free Report) was the target of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 30,263 shares, a drop of 94.4% from the February 26th total of 538,077 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
Fosun International Price Performance
Shares of FOSUF remained flat at $0.43 during trading hours on Wednesday. The business has a 50-day moving average of $0.43 and a 200 day moving average of $0.45. Fosun International has a 12-month low of $0.43 and a 12-month high of $0.69.
Fosun International Company Profile
Fosun International is a Shanghai‐based investment holding company with a diversified portfolio spanning insurance, healthcare, real estate, tourism, cultural entertainment and consumer goods. Since its founding in 1992 by Guo Guangchang and partners, the group has pursued a strategy of combining industrial expertise with financial investment to build integrated businesses across multiple sectors. Fosun’s approach emphasizes value creation through strategic acquisitions and long‐term partnerships.
In the insurance and wealth management arena, Fosun holds interests in both domestic and international insurers, providing a range of life, property and casualty products.
Further Reading
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