Short Interest in Merck KGaA (OTCMKTS:MKKGY) Declines By 98.1%

Merck KGaA (OTCMKTS:MKKGY) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 1,000 shares, a decrease of 98.1% from the January 31st total of 53,500 shares. Based on an average daily volume of 176,700 shares, the days-to-cover ratio is presently 0.0 days.

Merck KGaA Trading Up 0.9 %

MKKGY stock opened at $28.21 on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.33 and a quick ratio of 0.91. The company has a market capitalization of $18.23 billion, a price-to-earnings ratio of 17.41, a PEG ratio of 2.05 and a beta of 0.95. Merck KGaA has a 1-year low of $27.68 and a 1-year high of $39.17. The business has a 50 day simple moving average of $29.18 and a two-hundred day simple moving average of $32.23.

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.