Bachem Holding AG (OTCMKTS:BCHMF – Get Free Report) was the recipient of a large growth in short interest in May. As of May 31st, there was short interest totalling 333,800 shares, a growth of 6.0% from the May 15th total of 314,800 shares. Based on an average daily volume of 200 shares, the short-interest ratio is currently 1,669.0 days.
Bachem Stock Performance
Shares of OTCMKTS BCHMF opened at $88.05 on Tuesday. Bachem has a twelve month low of $87.51 and a twelve month high of $97.06. The stock’s 50 day moving average price is $90.17 and its 200-day moving average price is $86.48.
Bachem Announces Dividend
The firm also recently announced an annual dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, April 29th were paid a $0.40 dividend. The ex-dividend date of this dividend was Thursday, April 25th.
About Bachem
Bachem Holding AG, together with its subsidiaries, provides products for research, clinical development, and commercial application to pharmaceutical and biotechnology companies worldwide. The company engages in the development, production, and regulatory support of peptide active pharmaceutical ingredients, such as peptide and oligonucleotide new chemical entities (NCEs).
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