Short Interest in Galenica AG (OTCMKTS:GALNF) Drops By 29.4%

Galenica AG (OTCMKTS:GALNF) was the target of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 43,500 shares, a decline of 29.4% from the February 13th total of 61,600 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Galenica Price Performance

Shares of OTCMKTS GALNF opened at C$75.25 on Tuesday. The firm’s 50-day moving average price is C$75.25 and its 200-day moving average price is C$75.25. Galenica has a 52-week low of C$75.25 and a 52-week high of C$75.25.

About Galenica

Galenica AG operates as a healthcare service provider in Switzerland and internationally. It operates through two segments, Products & Care, and Logistics & IT. The Products & Care segment operates pharmacies and partner pharmacies under the Amavita, Sun Store, and Coop Vitality brands. This segment also offers medication for treatment of patients at home; launches and distributes a portfolio of consumer health, pharmaceutical, and parapharmaceutical products; and marketing and sale services to partners in the healthcare market.