Sartorius Stedim Biotech S.A. (OTCMKTS:SDMHF) Sees Significant Increase in Short Interest

Sartorius Stedim Biotech S.A. (OTCMKTS:SDMHF) saw a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 71,300 shares, a growth of 34.0% from the November 15th total of 53,200 shares. Based on an average daily volume of 9,400 shares, the days-to-cover ratio is currently 7.6 days.

Sartorius Stedim Biotech Price Performance

OTCMKTS:SDMHF remained flat at $199.20 on Friday. Sartorius Stedim Biotech has a 1 year low of $158.00 and a 1 year high of $299.86. The firm’s fifty day moving average is $195.48 and its 200-day moving average is $191.62.

Sartorius Stedim Biotech Company Profile

Sartorius Stedim Biotech SA engages in the production and sale of instruments and consumables for the biopharmaceutical industry worldwide. The company offers various products, such as cell lines; cell culture media; bioreactors; advanced therapies; and a range of products for separation, purification, and concentration processes, as well as products and systems for storage and transportation of intermediate and finished biological products.