TECAN AG HOMBRECHTIKON NAMEN AKT ORDINAR (OTCMKTS:TCHBF) Shorted Shares Decreased By 33.33%

April 16, 2018 - By Nellie Frank

Tecan Group Ltd. (OTCMKTS:TCHBF) Logo

The stock of TECAN AG HOMBRECHTIKON NAMEN AKT ORDINAR (OTCMKTS:TCHBF) registered a decrease of 33.33% in short interest. TCHBF’s total short interest was 400 shares in April as published by FINRA. Its down 33.33% from 600 shares, reported previously. With 100 shares average volume, it will take short sellers 4 days to cover their TCHBF’s short positions.

The stock 3.74% or $0 during the last trading session, reaching $216. It is down 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Tecan Group Ltd. provides laboratory instruments and solutions for pharmaceutical and biotechnology companies, university research departments, and forensic and diagnostic laboratories. The company has market cap of $2.65 billion. The firm operates through two divisions, Life Sciences Business and Partnering Business. It has a 36.72 P/E ratio. It develops, produces, markets, and supports automation workflow solutions, including laboratory instruments, software packages, application knowhow, services, consumables, and spare parts.

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