Bachem Holding AG (OTCMKTS:BCHMF) Sees Large Decline in Short Interest

Bachem Holding AG (OTCMKTS:BCHMFGet Free Report) saw a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 314,800 shares, a drop of 21.8% from the April 30th total of 402,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 3,148.0 days.

Bachem Stock Performance

Shares of BCHMF opened at $97.06 on Friday. Bachem has a 52-week low of $87.51 and a 52-week high of $97.06. The business’s fifty day moving average is $87.58 and its 200-day moving average is $85.55.

Bachem Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, April 29th were paid a $0.40 dividend. The ex-dividend date was Thursday, April 25th.

About Bachem

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Bachem Holding AG, together with its subsidiaries, provides products for research, clinical development, and commercial application to pharmaceutical and biotechnology companies worldwide. The company engages in the development, production, and regulatory support of peptide active pharmaceutical ingredients, such as peptide and oligonucleotide new chemical entities (NCEs).

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