Tecan Group AG (OTCMKTS:TCHBF) Sees Significant Decline in Short Interest

Tecan Group AG (OTCMKTS:TCHBF) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totalling 15,700 shares, a decline of 34.9% from the June 30th total of 24,100 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Tecan Group Stock Performance

Shares of OTCMKTS TCHBF remained flat at $400.00 during trading hours on Friday. The firm’s 50-day moving average is $400.00 and its 200-day moving average is $395.97. Tecan Group has a 12 month low of $287.00 and a 12 month high of $440.27.

About Tecan Group

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.