Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) Short Interest Update

Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 7,050 shares, a drop of 99.8% from the August 15th total of 4,165,050 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 769 shares, the short-interest ratio is presently 9.2 days.

Shandong Weigao Medical Polymer Stock Performance

Shares of OTCMKTS:SHWGF traded down $0.00 during mid-day trading on Thursday, reaching $0.40. The stock had a trading volume of 600 shares, compared to its average volume of 9,734. The firm has a 50 day simple moving average of $0.43 and a two-hundred day simple moving average of $0.49. Shandong Weigao Medical Polymer has a twelve month low of $0.40 and a twelve month high of $0.73.

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.