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

Sartorius Stedim Biotech S.A. (OTCMKTS:SDMHF) was the recipient of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 8,300 shares, a drop of 23.9% from the February 28th total of 10,900 shares. Based on an average daily volume of 6,500 shares, the short-interest ratio is currently 1.3 days.

Sartorius Stedim Biotech Stock Performance

OTCMKTS SDMHF opened at $204.04 on Wednesday. The firm’s 50 day moving average price is $213.82 and its two-hundred day moving average price is $203.11. Sartorius Stedim Biotech has a twelve month low of $158.00 and a twelve month high of $280.70.

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.