Bachem Holding AG (OTCMKTS:BCHMF) Short Interest Up 5.7% in November

Bachem Holding AG (OTCMKTS:BCHMF) was the target of a large increase in short interest in November. As of November 30th, there was short interest totalling 309,200 shares, an increase of 5.7% from the November 15th total of 292,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Bachem Stock Performance

Shares of OTCMKTS:BCHMF opened at $74.45 on Monday. Bachem has a 12 month low of $74.45 and a 12 month high of $74.45. The company’s fifty day simple moving average is $91.08 and its 200 day simple moving average is $90.97.

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).