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

Sartorius Stedim Biotech S.A. (OTCMKTS:SDMHF) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 30,900 shares, a decrease of 18.5% from the January 31st total of 37,900 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 309.0 days.

Sartorius Stedim Biotech Price Performance

Shares of Sartorius Stedim Biotech stock traded down $3.72 during trading hours on Wednesday, reaching $200.95. The company had a trading volume of 30,238 shares, compared to its average volume of 3,828. Sartorius Stedim Biotech has a one year low of $158.00 and a one year high of $299.86. The business has a fifty day simple moving average of $210.10 and a 200 day simple moving average of $201.65.

Sartorius Stedim Biotech Company Profile

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.