Merck KGaA (OTCMKTS:MKKGY) Sees Significant Decline in Short Interest

Merck KGaA (OTCMKTS:MKKGY) was the recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 1,000 shares, a drop of 98.1% from the January 31st total of 53,500 shares. Based on an average trading volume of 176,700 shares, the days-to-cover ratio is presently 0.0 days.

Merck KGaA Price Performance

Shares of OTCMKTS MKKGY traded down $0.57 during trading on Friday, reaching $27.95. The company had a trading volume of 63,494 shares, compared to its average volume of 138,684. Merck KGaA has a 52 week low of $27.68 and a 52 week high of $39.17. The business’s 50 day moving average price is $29.19 and its 200-day moving average price is $32.29. The stock has a market cap of $18.06 billion, a PE ratio of 17.25, a PEG ratio of 2.05 and a beta of 0.95. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.91 and a current ratio of 1.33.

Merck KGaA Company Profile

Merck KGaA operates as a science and technology company in Germany. It operates through Life Science, Healthcare, and Electronics segments. The company’s Life Science segment offers tools, chemicals, and equipment for academic labs, biotech, and pharmaceutical manufacturers, as well as industrial sector.