Merck KGaA (OTCMKTS:MKGAF) Short Interest Update

Merck KGaA (OTCMKTS:MKGAF) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 434,000 shares, an increase of 63.0% from the January 31st total of 266,200 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 1,446.7 days.

Merck KGaA Stock Performance

MKGAF traded up $1.47 during midday trading on Friday, hitting $145.25. 132 shares of the company traded hands, compared to its average volume of 669. The company’s 50-day moving average is $146.52 and its 200 day moving average is $160.81. The company has a quick ratio of 0.84, a current ratio of 1.31 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $18.77 billion, a PE ratio of 22.18 and a beta of 0.96. Merck KGaA has a 52 week low of $135.00 and a 52 week high of $200.56.

About Merck KGaA

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.