Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF) Short Interest Up 97.6% in March

Shandong Weigao Medical Polymer Co. (OTCMKTS:SHWGF - Get Free Report) saw a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,990,267 shares, an increase of 97.6% from the February 26th total of 1,007,422 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.Shandong Weigao Medical Polymer Price PerformanceShares of SHWGF stock opened at $0.73 on Thursday. The company's 50-day simple moving average is $0.71 and its two-hundred day simple moving average is $0.71. Shandong Weigao Medical Polymer has a one year low of $0.67 and a one year high of $0.73. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.32 and a current ratio of 3.73. About Shandong Weigao Medical Polymer (Get Free Report)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.Read MoreFive stocks we like better than Shandong Weigao Medical PolymerThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Shandong Weigao Medical Polymer Right Now?Before you consider Shandong Weigao Medical Polymer, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shandong Weigao Medical Polymer wasn't on the list.While Shandong Weigao Medical Polymer currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here