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

Tecan Group AG (OTCMKTS:TCHBF) was the target of a large growth in short interest in September. As of September 30th, there was short interest totalling 50,300 shares, a growth of 24.8% from the September 15th total of 40,300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 503.0 days.

Tecan Group Price Performance

Shares of OTCMKTS TCHBF opened at $310.00 on Friday. The company has a fifty day moving average price of $342.96 and a 200 day moving average price of $380.06. Tecan Group has a 1-year low of $310.00 and a 1-year high of $340.27.

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.