Short Interest in Bachem Holding AG (OTCMKTS:BCHMF) Increases By 5.7%

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

Bachem Price Performance

Bachem stock opened at $74.45 on Tuesday. The company has a fifty day simple moving average of $91.08 and a 200-day simple moving average of $90.97. Bachem has a 52-week low of $74.45 and a 52-week high of $74.45.

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).