Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (OTCMKTS:RGEDF) Short Interest Update

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (OTCMKTS:RGEDF) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 8,239 shares, a growth of 493.2% from the June 15th total of 1,389 shares. Based on an average daily trading volume, of 6,571 shares, the days-to-cover ratio is currently 1.3 days.

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. Price Performance

OTCMKTS RGEDF traded down $1.18 on Monday, hitting $38.00. 598 shares of the stock traded hands, compared to its average volume of 1,183. The business’s fifty day moving average is $39.81 and its two-hundred day moving average is $35.34. Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. has a 12 month low of $29.00 and a 12 month high of $45.28.

About Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt.

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt., commonly known as Gedeon Richter, is a Hungarian multinational pharmaceutical company with roots dating back to 1901. Founded by pharmacist Gedeon Richter in Budapest, the company has grown into one of Central Europe’s leading drug manufacturers. Over more than a century of operation, Richter has established a strong reputation for both proprietary drug discovery and the development of high-quality generic medicines.

Richter’s principal business activities encompass research and development, production and marketing of pharmaceutical products.