Bachem Holding AG (OTCMKTS:BCHMF) Short Interest Update

Bachem Holding AG (OTCMKTS:BCHMF) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 280,300 shares, a decrease of 7.3% from the August 31st total of 302,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 2,803.0 days.

Bachem Stock Performance

Bachem stock remained flat at $91.77 during trading on Friday. The business’s 50 day simple moving average is $90.78 and its 200 day simple moving average is $89.27. Bachem has a one year low of $87.51 and a one year high of $97.06.

About Bachem

Bachem Holding AG, together with its subsidiaries, provides products for research, clinical development, and commercial application to pharmaceutical and biotechnology companies worldwide. The company engages in the development, production, and regulatory support of peptide active pharmaceutical ingredients, such as peptide and oligonucleotide new chemical entities (NCEs).