Sartorius Stedim Biotech S.A. (OTCMKTS:SDMHF) Sees Significant Decline in Short Interest

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

Sartorius Stedim Biotech Price Performance

Shares of SDMHF remained flat at $204.04 during mid-day trading on Tuesday. The firm’s 50-day moving average is $213.76 and its 200 day moving average is $203.09. Sartorius Stedim Biotech has a 52-week low of $158.00 and a 52-week high of $280.70.

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.