Biotage AB (publ) (OTCMKTS:BITGF) Sees Significant Drop in Short Interest

Biotage AB (publ) (OTCMKTS:BITGF) was the target of a significant drop in short interest in January. As of January 31st, there was short interest totalling 53,600 shares, a drop of 11.6% from the January 15th total of 60,600 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Biotage AB (publ) Stock Performance

Shares of BITGF opened at $13.00 on Friday. The stock has a 50 day moving average price of $13.91 and a 200 day moving average price of $16.12. Biotage AB has a one year low of $13.00 and a one year high of $18.52.

Biotage AB (publ) Company Profile

Biotage AB (publ) provides solutions and products in the areas of drug discovery and development, analytical testing, and water and environmental testing. The company offers organic and peptide synthesis solutions; flash chromotherapy, evaporation, and work-up products; flash systems; sample preparation products; plasmid purification solutions; oligo synthesis solutions; and metal scavengers and reagents, as well as accessories and spare parts.