Tecan Group AG (OTCMKTS:TCHBF) Sees Large Increase in Short Interest

Tecan Group AG (OTCMKTS:TCHBF) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 41,600 shares, an increase of 165.0% from the July 15th total of 15,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Tecan Group Stock Performance

OTCMKTS:TCHBF remained flat at $400.00 on Wednesday. Tecan Group has a 12-month low of $287.00 and a 12-month high of $440.27. The business’s fifty day moving average price is $400.00 and its 200-day moving average price is $397.68.

Tecan Group Company Profile

Tecan Group AG provides laboratory instruments and solutions for pharmaceutical, biotechnology and in-vitro diagnostic companies, university research departments, and diagnostic and other laboratories. It operates through Life Sciences Business and Partnering Business segments. The company offers liquid handling and automation, microplate readers and washers, consumables, NGS reagents, immunoassays and antibodies, and software; and Tecan Labwerx, an automation solution.