Bachem Holding AG (OTCMKTS:BCHMF) Short Interest Update

Bachem Holding AG (OTCMKTS:BCHMF) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totalling 302,400 shares, a decrease of 6.2% from the June 30th total of 322,500 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 1,008.0 days.

Bachem Stock Performance

OTCMKTS:BCHMF remained flat at $88.05 on Tuesday. The business has a 50 day moving average of $91.28 and a 200 day moving average of $87.24. Bachem has a 12 month low of $87.51 and a 12 month high of $97.06.

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).