Tecan Group AG (OTCMKTS:TCHBF) Short Interest Down 42.7% in March

Tecan Group AG (OTCMKTS:TCHBF) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 67,600 shares, a decline of 42.7% from the February 28th total of 118,000 shares. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is presently 18.3 days.

Tecan Group Stock Performance

Shares of TCHBF opened at $202.52 on Friday. The business has a fifty day moving average of $210.39 and a 200 day moving average of $253.16. Tecan Group has a 52-week low of $202.52 and a 52-week high of $340.27.

About Tecan Group

Tecan Group AG provides laboratory instruments and solutions for pharmaceutical, biotechnology and in-vitro diagnostic companies, university research departments, and diagnostic and other laboratories. It operates through Life Sciences Business and Partnering Business segments. The company offers liquid handling and automation, microplate readers and washers, consumables, NGS reagents, immunoassays and antibodies, and software; and Tecan Labwerx, an automation solution.