Short Interest in Tecan Group AG (OTCMKTS:TCHBF) Rises By 27.1%

Tecan Group AG (OTCMKTS:TCHBF) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 40,300 shares, a growth of 27.1% from the August 31st total of 31,700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 403.0 days.

Tecan Group Trading Up 4.7 %

Shares of TCHBF opened at $327.51 on Monday. The business’s fifty day moving average price is $359.09 and its two-hundred day moving average price is $385.59. Tecan Group has a 52 week low of $312.95 and a 52 week high of $340.27.

About Tecan Group

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.