Short Interest in Redcare Pharmacy NV (OTCMKTS:SAEYY) Expands By 5,000.0%

Redcare Pharmacy NV (OTCMKTS:SAEYY) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 102 shares, a growth of 5,000.0% from the May 31st total of 2 shares. Based on an average trading volume of 9 shares, the short-interest ratio is presently 11.3 days.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on SAEYY shares. Barclays restated an “overweight” rating on shares of Redcare Pharmacy in a report on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Redcare Pharmacy in a report on Tuesday, June 16th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Redcare Pharmacy presently has an average rating of “Buy”.

Redcare Pharmacy Price Performance

Shares of Redcare Pharmacy stock opened at $7.55 on Friday. Redcare Pharmacy has a 52 week low of $3.59 and a 52 week high of $12.60. The stock has a 50 day moving average price of $6.13 and a two-hundred day moving average price of $6.52.

About Redcare Pharmacy

Redcare Pharmacy NV operates in online pharmacy business in the Netherlands, Germany, Italy, Belgium, Switzerland, Austria, and France. It provides prescription and non-prescription over-the-counter pharmaceuticals, beauty and personal care products, and food supplements. The company was formerly known as Shop Apotheke Europe N.V. and changed its name to Redcare Pharmacy NV in June 2023. Redcare Pharmacy NV was founded in 2001 and is headquartered in Sevenum, the Netherlands.