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

Aspen Pharmacare Holdings Limited (OTCMKTS:APNHY) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 100 shares, a decrease of 66.7% from the September 15th total of 300 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 0.3 days.

Aspen Pharmacare Stock Down 1.2 %

Shares of APNHY opened at $10.93 on Friday. The stock has a 50 day simple moving average of $11.83 and a 200-day simple moving average of $12.13. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.81 and a quick ratio of 1.07. Aspen Pharmacare has a 1 year low of $8.45 and a 1 year high of $13.69.

Aspen Pharmacare Cuts Dividend

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