MediPal Holdings Co. (OTCMKTS:MAHLY – Get Free Report) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 111 shares, a drop of 62.8% from the June 30th total of 298 shares. Based on an average daily volume of 133 shares, the short-interest ratio is presently 0.8 days.
MediPal Price Performance
Shares of OTCMKTS MAHLY opened at $17.63 on Monday. MediPal has a twelve month low of $15.37 and a twelve month high of $20.35. The company’s fifty day moving average is $17.60 and its 200-day moving average is $18.29.
About MediPal
MediPal (OTCMKTS: MAHLY) represents the American depositary receipts of Medipal Holdings Corporation, a Tokyo‐based integrated healthcare distributor. The company specializes in the procurement, warehousing and delivery of prescription pharmaceuticals, over-the-counter medicines, medical devices and nutritional supplements. Through its extensive logistics network, MediPal services a wide range of clients including retail pharmacies, drugstores, hospitals and clinics across Japan.
In addition to its core distribution activities, MediPal offers ancillary services such as in-store pharmacy management support, inventory control systems and consulting for healthcare retailers.
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