Short Interest in Roche Holding AG (OTCMKTS:RHHVF) Expands By 43.7%

Roche Holding AG (OTCMKTS:RHHVF) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 841,200 shares, an increase of 43.7% from the August 15th total of 585,200 shares. Based on an average daily volume of 29,300 shares, the days-to-cover ratio is currently 28.7 days.

Roche Stock Performance

Shares of RHHVF traded up $4.42 during mid-day trading on Monday, reaching $312.83. The stock had a trading volume of 205 shares, compared to its average volume of 8,731. Roche has a 12 month low of $233.12 and a 12 month high of $340.88. The business has a fifty day moving average of $317.18 and a 200 day moving average of $278.17.

About Roche

Roche Holding AG engages in the pharmaceuticals and diagnostics businesses in Europe, North America, Latin America, Asia, Africa, Australia, and Oceania. The company offers pharmaceutical products in the therapeutic areas of anemia, blood and solid tumors, dermatology, hemophilia, inflammatory and autoimmune, neurological disorders, ophthalmology, respiratory disorders, and transplantation.