Short Interest in Tecan Group AG (OTCMKTS:TCHBF) Increases By 61.3%

Tecan Group AG (OTCMKTS:TCHBF) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 110,300 shares, an increase of 61.3% from the January 31st total of 68,400 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 1,103.0 days.

Tecan Group Stock Performance

OTCMKTS:TCHBF opened at $214.44 on Tuesday. Tecan Group has a 1 year low of $208.03 and a 1 year high of $340.27. The firm’s fifty day simple moving average is $211.80 and its 200 day simple moving average is $270.20.

About Tecan Group

Tecan Group AG provides laboratory instruments and solutions for pharmaceutical, biotechnology and in-vitro diagnostic companies, university research departments, and diagnostic and other laboratories. It operates through Life Sciences Business and Partnering Business segments. The company offers liquid handling and automation, microplate readers and washers, consumables, NGS reagents, immunoassays and antibodies, and software; and Tecan Labwerx, an automation solution.