Bachem Holding AG (OTCMKTS:BCHMF) Sees Significant Increase in Short Interest

Bachem Holding AG (OTCMKTS:BCHMF) saw a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 309,200 shares, an increase of 5.7% from the November 15th total of 292,600 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Bachem Stock Performance

BCHMF stock opened at $74.45 on Wednesday. Bachem has a twelve month low of $74.45 and a twelve month high of $74.45. The firm’s fifty day simple moving average is $90.73 and its two-hundred day simple moving average is $90.81.

Bachem Company Profile

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).