Today TECAN AG HOMBRECHTIKON NAMEN AKT ORDINAR (OTCMKTS:TCHBF) Reported Decrease in Shorted Shares

September 30, 2018 - By Kristin Houston

Tecan Group Ltd. (OTCMKTS:TCHBF) Logo

The stock of TECAN AG HOMBRECHTIKON NAMEN AKT ORDINAR (OTCMKTS:TCHBF) registered a decrease of 45.79% in short interest. TCHBF’s total short interest was 10,300 shares in September as published by FINRA. Its down 45.79% from 19,000 shares, reported previously. With 100 shares average volume, it will take short sellers 103 days to cover their TCHBF’s short positions.

It closed at $245.828003 lastly. It is down 0.00% since September 30, 2017 and is . It has underperformed by 15.62% 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 $2.70 billion. The firm operates through two divisions, Life Sciences Business and Partnering Business. It has a 41.48 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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