Eurofins Scientific SE (OTCMKTS:ERFSF) Short Interest Update

Eurofins Scientific SE (OTCMKTS:ERFSF) was the target of a large increase in short interest in November. As of November 30th, there was short interest totalling 300,000 shares, an increase of 15.6% from the November 15th total of 259,500 shares. Based on an average daily trading volume, of 16,500 shares, the days-to-cover ratio is presently 18.2 days.

Eurofins Scientific Stock Performance

OTCMKTS ERFSF traded down $2.94 during trading on Monday, hitting $48.89. 2,305 shares of the company traded hands, compared to its average volume of 2,867. Eurofins Scientific has a 12 month low of $44.61 and a 12 month high of $68.45. The business has a fifty day simple moving average of $51.36 and a 200 day simple moving average of $54.86. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.42 and a quick ratio of 1.34.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upgraded shares of Eurofins Scientific to a “strong-buy” rating in a research note on Monday, October 7th.

Eurofins Scientific Company Profile

Eurofins Scientific SE, together with its subsidiaries, provides various analytical testing and laboratory services worldwide. The company offers a portfolio of various analytical methods and tests to evaluate the safety, identity, composition, authenticity, origin, traceability, and purity of various products.