Bachem Holding AG (OTCMKTS:BCHMF) Sees Significant Decrease in Short Interest

Bachem Holding AG (OTCMKTS:BCHMF) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 280,300 shares, a decrease of 7.3% from the August 31st total of 302,300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 2,803.0 days.

Bachem Price Performance

Shares of OTCMKTS BCHMF remained flat at $91.77 during midday trading on Friday. Bachem has a one year low of $87.51 and a one year high of $97.06. The firm’s 50-day moving average is $90.78 and its two-hundred day moving average is $89.27.

Bachem Company Profile

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).