Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) Sees Significant Decline in Short Interest

Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) saw a significant decrease in short interest in November. As of November 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the October 31st total of 200 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 0.1 days.

Aspen Pharmacare Stock Performance

Shares of APNHY stock opened at $9.33 on Thursday. The business’s 50 day moving average is $10.42 and its two-hundred day moving average is $11.76. The company has a current ratio of 1.81, a quick ratio of 1.07 and a debt-to-equity ratio of 0.30. Aspen Pharmacare has a 12-month low of $9.17 and a 12-month high of $13.69.

Aspen Pharmacare Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, October 8th. Shareholders of record on Friday, September 20th were given a dividend of $0.1202 per share. The ex-dividend date of this dividend was Friday, September 20th.

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.