Fagron NV (OTCMKTS:ARSUF) Sees Large Growth in Short Interest

Fagron NV (OTCMKTS:ARSUF – Get Rating) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 19,000 shares, an increase of 25.8% from the February 13th total of 15,100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Fagron Price Performance

Shares of ARSUF stock opened at $13.50 on Friday. The business has a 50-day simple moving average of $13.50 and a 200-day simple moving average of $13.28. Fagron has a 52-week low of $12.57 and a 52-week high of $18.37.

About Fagron

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Fagron NV, a pharmaceutical compounding company, provides personalized medicine care to hospitals, pharmacies, clinics, and patients. The company also innovates concepts, vehicles, and formulations for pharmaceutical compounding. In addition, it supplies raw materials, utensils and equipment, semi-finished products, vehicles, and sterile and non-sterile compounded medicines.