Short Interest in Tecan Group AG (OTCMKTS:TCHBF) Rises By 27.1%

Tecan Group AG (OTCMKTS:TCHBF) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 40,300 shares, an increase of 27.1% from the August 31st total of 31,700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 403.0 days.

Tecan Group Price Performance

Shares of OTCMKTS:TCHBF opened at $327.51 on Friday. The business has a 50-day moving average of $359.09 and a two-hundred day moving average of $385.79. Tecan Group has a fifty-two week low of $312.95 and a fifty-two week high of $340.27.

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.