Shop Apotheke Europe (OTCMKTS:SAEYY) Short Interest Down 20.0% in April

Shop Apotheke Europe (OTCMKTS:SAEYY – Get Rating) was the target of a significant decrease in short interest in April. As of April 30th, there was short interest totalling 400 shares, a decrease of 20.0% from the April 15th total of 500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 4.0 days.

Shop Apotheke Europe stock remained flat at $$9.89 during midday trading on Tuesday. The firm’s 50 day moving average price is $9.19 and its 200 day moving average price is $12.05. Shop Apotheke Europe has a 1 year low of $7.58 and a 1 year high of $20.16.

SAEYY has been the topic of a number of recent research reports. Barclays started coverage on shares of Shop Apotheke Europe in a research note on Tuesday, May 10th. They set an “overweight” rating on the stock. Baader Bank raised Shop Apotheke Europe to a “buy” rating and set a €110.00 ($114.58) price objective for the company in a report on Thursday, May 12th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $110.00.

Shop Apotheke Europe Company Profile (Get Rating)

Shop Apotheke Europe N.V. owns and operates online pharmacies in Germany, Austria, Switzerland, France, Belgium, Italy, and the Netherlands. It provides prescription medications, over-the-counter medications, and pharmacy-related beauty and personal care products, as well as food supplements. The company was founded in 2001 and is headquartered in Sevenum, the Netherlands.

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