Eurofins Scientific SE (OTCMKTS:ERFSF) Short Interest Update

Eurofins Scientific SE (OTCMKTS:ERFSF) saw a large decline in short interest in October. As of October 31st, there was short interest totalling 230,200 shares, a decline of 6.7% from the October 15th total of 246,600 shares. Based on an average daily volume of 9,200 shares, the short-interest ratio is presently 25.0 days.

Analysts Set New Price Targets

Separately, Berenberg Bank upgraded shares of Eurofins Scientific to a “strong-buy” rating in a research report on Monday, October 7th.

Eurofins Scientific Stock Performance

OTCMKTS ERFSF opened at $48.18 on Tuesday. Eurofins Scientific has a 1-year low of $44.61 and a 1-year high of $68.45. The company has a 50 day moving average of $55.80 and a 200-day moving average of $56.74. The company has a quick ratio of 1.34, a current ratio of 1.42 and a debt-to-equity ratio of 0.64.

About Eurofins Scientific

Eurofins Scientific SE, together with its subsidiaries, provides various analytical testing and laboratory services worldwide. The company offers a portfolio of various analytical methods and tests to evaluate the safety, identity, composition, authenticity, origin, traceability, and purity of various products.