Tecan Group AG (OTCMKTS:TCHBF) Short Interest Down 20.2% in October

Tecan Group AG (OTCMKTS:TCHBF) was the recipient of a large drop in short interest in October. As of October 31st, there was short interest totalling 42,400 shares, a drop of 20.2% from the October 15th total of 53,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 424.0 days.

Tecan Group Price Performance

TCHBF remained flat at $277.00 during trading on Friday. The stock’s fifty day simple moving average is $302.47 and its two-hundred day simple moving average is $359.99. Tecan Group has a fifty-two week low of $277.00 and a fifty-two week high of $340.27.

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.