Short Interest in Tecan Group AG (OTCMKTS:TCHBF) Decreases By 20.2%

Tecan Group AG (OTCMKTS:TCHBF) was the target of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 42,400 shares, a decrease of 20.2% from the October 15th total of 53,100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 424.0 days.

Tecan Group Stock Performance

Shares of OTCMKTS TCHBF opened at $277.00 on Friday. Tecan Group has a 52-week low of $277.00 and a 52-week high of $340.27. The firm has a 50 day moving average price of $304.02 and a two-hundred day moving average price of $361.43.

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.