Short Interest in Tecan Group AG (OTCMKTS:TCHBF) Decreases By 27.0%

Tecan Group AG (OTCMKTS:TCHBF) saw a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 98,700 shares, a decline of 27.0% from the August 31st total of 135,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 987.0 days. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 987.0 days.

Tecan Group Stock Performance

Shares of OTCMKTS TCHBF opened at $189.10 on Tuesday. Tecan Group has a 1 year low of $179.50 and a 1 year high of $310.00. The company has a 50 day simple moving average of $203.46 and a 200-day simple moving average of $201.65.

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.