Short Interest in Merck KGaA (OTCMKTS:MKGAF) Increases By 63.0%

Merck KGaA (OTCMKTS:MKGAF) saw a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 434,000 shares, a growth of 63.0% from the January 31st total of 266,200 shares. Based on an average daily volume of 300 shares, the short-interest ratio is currently 1,446.7 days.

Merck KGaA Stock Down 2.4 %

Shares of OTCMKTS MKGAF traded down $3.45 during trading hours on Tuesday, hitting $141.80. The stock had a trading volume of 124 shares, compared to its average volume of 654. The company has a market capitalization of $18.33 billion, a P/E ratio of 21.65 and a beta of 0.96. The firm’s 50-day moving average price is $146.54 and its two-hundred day moving average price is $160.49. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 1.31. Merck KGaA has a 52 week low of $135.00 and a 52 week high of $200.56.

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.