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

CSPC Pharmaceutical Group Limited (OTCMKTS:CSPCY) was the recipient of a large growth in short interest in 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 daily volume of 313,200 shares, the days-to-cover ratio is currently 1.4 days.

CSPC Pharmaceutical Group Trading Down 0.4 %

Shares of CSPCY opened at C$2.67 on Wednesday. CSPC Pharmaceutical Group has a one year low of C$2.25 and a one year high of C$3.82. The company has a 50-day moving average of C$2.86 and a two-hundred day moving average of C$3.03.

CSPC Pharmaceutical Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, December 5th. Stockholders of record on Friday, November 1st will be issued a dividend of $0.0575 per share. This is an increase from CSPC Pharmaceutical Group’s previous dividend of $0.06. The ex-dividend date is Friday, November 1st.

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.