Short Interest in Sartorius Stedim Biotech S.A. (OTCMKTS:SDMHF) Declines By 23.9%

Sartorius Stedim Biotech S.A. (OTCMKTS:SDMHF) was the target of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 8,300 shares, a drop of 23.9% from the February 28th total of 10,900 shares. Based on an average trading volume of 6,500 shares, the days-to-cover ratio is presently 1.3 days.

Sartorius Stedim Biotech Stock Performance

Shares of SDMHF stock opened at $204.04 on Monday. Sartorius Stedim Biotech has a fifty-two week low of $158.00 and a fifty-two week high of $280.70. The stock has a 50 day moving average price of $213.71 and a two-hundred day moving average price of $203.11.

Sartorius Stedim Biotech Company Profile

Sartorius Stedim Biotech SA engages in the production and sale of instruments and consumables for the biopharmaceutical industry worldwide. The company offers various products, such as cell lines; cell culture media; bioreactors; advanced therapies; and a range of products for separation, purification, and concentration processes, as well as products and systems for storage and transportation of intermediate and finished biological products.