Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) Sees Large Growth in Short Interest

Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 2,100 shares, an increase of 950.0% from the December 15th total of 200 shares. Based on an average daily volume of 900 shares, the short-interest ratio is presently 2.3 days.

Aspen Pharmacare Price Performance

Shares of APNHY stock opened at $8.41 on Tuesday. Aspen Pharmacare has a 1-year low of $8.26 and a 1-year high of $13.69. The company has a quick ratio of 1.07, a current ratio of 1.81 and a debt-to-equity ratio of 0.30. The stock has a 50 day simple moving average of $9.39 and a 200-day simple moving average of $10.99.

About Aspen Pharmacare

Aspen Pharmacare Holdings Limited, together with its subsidiaries, manufactures and supplies specialty and branded pharmaceutical products worldwide. It operates in Commercial Pharmaceuticals and Manufacturing segments. The company provides general anesthetics, muscle relaxants, and topical agents under the Anaesthetics brand; and a range of injectable anticoagulants with a focus on low molecular weight heparins, Xa inhibitors, and heparin derivatives under the Thrombosis brand.