Sartorius Stedim Biotech S.A. (OTCMKTS:SDMHF) Sees Large Decrease in Short Interest

Sartorius Stedim Biotech S.A. (OTCMKTS:SDMHF) saw a large drop in short interest in November. As of November 15th, there was short interest totalling 53,200 shares, a drop of 33.3% from the October 31st total of 79,800 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is presently 266.0 days.

Sartorius Stedim Biotech Price Performance

SDMHF stock remained flat at $176.10 during midday trading on Friday. Sartorius Stedim Biotech has a twelve month low of $158.00 and a twelve month high of $299.86. The business has a 50 day moving average of $198.73 and a 200-day moving average of $193.33.

About Sartorius Stedim Biotech

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.