Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (OTCMKTS:RGEDF) Shares Shorted: Short Interest Down 37.6% in September

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (OTCMKTS:RGEDF – Get Free Report) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 4,420 shares, a decline of 37.6% from the September 15th total of 7,084 shares. Based on an average trading volume of 203 shares, the days-to-cover ratio is presently 21.8 days.

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. Stock Performance

RGEDF stock opened at $38.63 on Friday. Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. has a 52 week low of $29.23 and a 52 week high of $45.28. The company has a fifty day simple moving average of $40.35 and a two-hundred day simple moving average of $39.65.

About Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt.

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Richter Gedeon Vegyészeti Gyár Nyilvánosan Működő Rt., commonly known as Gedeon Richter, is a Hungary-based pharmaceutical company headquartered in Budapest. Founded in 1901 by pharmacist Gedeon Richter, the company has developed into an international healthcare business focused on research, manufacturing and marketing pharmaceutical products.

The company’s activities include the development and sale of generic, specialty and original medicines, as well as active pharmaceutical ingredients.

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