Is Buying FOSUN INTERNATIONAL LTD ORDINARY SHARES (OTCMKTS:FOSUF) Here Good Idea?

July 27, 2018 - By Jason Dias

Fosun International Limited (OTCMKTS:FOSUF) Logo

The stock of FOSUN INTERNATIONAL LTD ORDINARY SHARES (OTCMKTS:FOSUF) registered a decrease of 8.8% in short interest. FOSUF’s total short interest was 486,800 shares in July as published by FINRA. Its down 8.8% from 533,800 shares, reported previously. With 8,900 shares average volume, it will take short sellers 55 days to cover their FOSUF’s short positions. The short interest to FOSUN INTERNATIONAL LTD ORDINARY SHARES’s float is 0.02%.

It closed at $1.8992 lastly. It is down 0.00% since July 27, 2017 and is . It has underperformed by 12.57% the S&P500.

Fosun International Limited engages in integrated finance and industrial activities in Mainland China, Portugal, and internationally. The company has market cap of $15.91 billion. The firm provides life, property, and casualty insurance, as well as reinsurance products; and insurance administration services. It has a 8.19 P/E ratio. It investment business comprises strategic investments, private equity and venture capital investments, and secondary market investments.

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