Short Interest in Merck KGaA (OTCMKTS:MKGAF) Grows By 27.9%

Merck KGaA (OTCMKTS:MKGAF) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 555,200 shares, an increase of 27.9% from the February 13th total of 434,000 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is currently 925.3 days. Currently, 0.4% of the company’s shares are short sold.

Merck KGaA Stock Up 1.5 %

Shares of Merck KGaA stock opened at $152.09 on Wednesday. The company has a current ratio of 1.31, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27. The company’s fifty day simple moving average is $146.57 and its two-hundred day simple moving average is $156.96. The company has a market cap of $19.66 billion, a P/E ratio of 23.22 and a beta of 0.96. Merck KGaA has a 12-month low of $135.00 and a 12-month high of $200.56.

Merck KGaA Company Profile

Merck KGaA operates as a science and technology company in Germany. It operates through Life Science, Healthcare, and Electronics segments. The company's Life Science segment offers tools, chemicals, and equipment for academic labs, biotech, and pharmaceutical manufacturers, as well as industrial sector.