Eurofins Scientific SE (OTCMKTS:ERFSF) Short Interest Up 12.7% in November

Eurofins Scientific SE (OTCMKTS:ERFSF) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 259,500 shares, an increase of 12.7% from the October 31st total of 230,200 shares. Based on an average daily volume of 5,400 shares, the days-to-cover ratio is presently 48.1 days.

Analysts Set New Price Targets

Separately, Berenberg Bank raised Eurofins Scientific to a “strong-buy” rating in a report on Monday, October 7th.

Eurofins Scientific Stock Performance

Shares of OTCMKTS:ERFSF traded down $0.03 during trading on Monday, hitting $48.42. 1,826 shares of the stock traded hands, compared to its average volume of 2,369. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.42 and a quick ratio of 1.34. The company has a fifty day moving average price of $53.65 and a two-hundred day moving average price of $55.71. Eurofins Scientific has a 52-week low of $44.61 and a 52-week high of $68.45.

Eurofins Scientific Company Profile

Eurofins Scientific SE, together with its subsidiaries, provides various analytical testing and laboratory services worldwide. The company offers a portfolio of various analytical methods and tests to evaluate the safety, identity, composition, authenticity, origin, traceability, and purity of various products.