Sartorius Stedim Biotech S.A. (OTCMKTS:SDMHF) Sees Significant Growth in Short Interest

Sartorius Stedim Biotech S.A. (OTCMKTS:SDMHF) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 62,300 shares, an increase of 34.0% from the May 31st total of 46,500 shares. Based on an average daily volume of 1,900 shares, the short-interest ratio is presently 32.8 days.

Sartorius Stedim Biotech Stock Performance

Shares of SDMHF traded down $6.50 on Monday, reaching $158.50. The company’s stock had a trading volume of 718 shares, compared to its average volume of 1,302. The stock’s 50 day simple moving average is $206.07 and its two-hundred day simple moving average is $245.49. Sartorius Stedim Biotech has a 12-month low of $158.00 and a 12-month high of $321.11.

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.