Merck KGaA (OTCMKTS:MKGAF) Short Interest Up 27.9% in February

Merck KGaA (OTCMKTS:MKGAF - Get Free Report) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 555,200 shares, a growth of 27.9% from the February 13th total of 434,000 shares. Based on an average daily trading volume, of 600 shares, the days-to-cover ratio is currently 925.3 days. Approximately 0.4% of the shares of the company are sold short.

Merck KGaA Price Performance

Shares of OTCMKTS MKGAF traded up $0.76 during mid-day trading on Friday, reaching $144.51. The company had a trading volume of 169 shares, compared to its average volume of 936. The business's 50-day simple moving average is $146.52 and its 200 day simple moving average is $156.32. The firm has a market cap of $18.68 billion, a price-to-earnings ratio of 22.06 and a beta of 0.96. Merck KGaA has a one year low of $135.00 and a one year high of $200.56. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.84 and a current ratio of 1.31.

Merck KGaA Company Profile

Merck KGaA operates as a science and technology company in Germany. It operates through Life Science, Healthcare, and Electronics segments. The company's Life Science segment offers tools, chemicals, and equipment for academic labs, biotech, and pharmaceutical manufacturers, as well as industrial sector.