Sino Biopharmaceutical Limited (OTCMKTS:SBMFF – Get Free Report) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 13,900 shares, a drop of 100.0% from the May 31st total of 41,764,200 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is currently 12.6 days.
Sino Biopharmaceutical Trading Down 7.3 %
Shares of OTCMKTS:SBMFF traded down $0.02 during trading on Thursday, reaching $0.31. 3,447 shares of the company traded hands, compared to its average volume of 307. The firm has a fifty day simple moving average of $0.33 and a 200 day simple moving average of $0.36. Sino Biopharmaceutical has a 1-year low of $0.31 and a 1-year high of $0.49.
About Sino Biopharmaceutical
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