Short Interest in Sartorius Stedim Biotech S.A. (OTCMKTS:SDMHF) Drops By 33.3%

Sartorius Stedim Biotech S.A. (OTCMKTS:SDMHF) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 53,200 shares, a decline of 33.3% from the October 31st total of 79,800 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 266.0 days.

Sartorius Stedim Biotech Stock Performance

SDMHF remained flat at $176.10 during trading on Friday. The company has a fifty day moving average price of $198.73 and a 200-day moving average price of $193.77. Sartorius Stedim Biotech has a 1-year low of $158.00 and a 1-year high of $299.86.

Sartorius Stedim Biotech Company Profile

Sartorius Stedim Biotech SA engages in the production and sale of instruments and consumables for the biopharmaceutical industry worldwide. The company offers various products, such as cell lines; cell culture media; bioreactors; advanced therapies; and a range of products for separation, purification, and concentration processes, as well as products and systems for storage and transportation of intermediate and finished biological products.