CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) Short Interest Update

CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 429,500 shares, a growth of 5,949.3% from the October 15th total of 7,100 shares. Based on an average trading volume of 313,200 shares, the days-to-cover ratio is presently 1.4 days.

CSPC Pharmaceutical Group Trading Up 1.9 %

OTCMKTS CSPCY traded up C$0.05 during trading hours on Tuesday, hitting C$2.68. 11,441 shares of the company’s stock were exchanged, compared to its average volume of 41,721. The stock has a 50-day simple moving average of C$2.86 and a 200 day simple moving average of C$3.03. CSPC Pharmaceutical Group has a 1-year low of C$2.25 and a 1-year high of C$3.82.

CSPC Pharmaceutical Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Friday, November 1st will be paid a $0.0575 dividend. The ex-dividend date is Friday, November 1st. This is a positive change from CSPC Pharmaceutical Group’s previous dividend of $0.06.

About CSPC Pharmaceutical Group

CSPC Pharmaceutical Group Limited, an investment holding company, engages in the research and development, manufacture, and sale of pharmaceutical products in the People's Republic of China, other Asian regions, North America, Europe, and internationally. The company operates through Finished Drugs, Bulk Products, and Functional Food and Others segments.