Redcare Pharmacy NV (OTCMKTS:SHPPF) Sees Significant Decrease in Short Interest

Redcare Pharmacy NV (OTCMKTS:SHPPF) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 33,614 shares, a drop of 54.8% from the June 15th total of 74,363 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Redcare Pharmacy Price Performance

Redcare Pharmacy stock opened at C$64.80 on Wednesday. The company’s 50 day simple moving average is C$57.66 and its 200-day simple moving average is C$59.44. Redcare Pharmacy has a 1 year low of C$45.18 and a 1 year high of C$94.28.

About Redcare Pharmacy

Redcare Pharmacy NV operates in online pharmacy business in the Netherlands, Germany, Italy, Belgium, Switzerland, Austria, and France. It provides prescription and non-prescription over-the-counter pharmaceuticals, beauty and personal care products, and food supplements. The company was formerly known as Shop Apotheke Europe N.V. and changed its name to Redcare Pharmacy NV in June 2023. Redcare Pharmacy NV was founded in 2001 and is headquartered in Sevenum, the Netherlands.