Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (OTCMKTS:RGEDF) Sees Significant Decline in Short Interest

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (OTCMKTS:RGEDF – Get Free Report) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 4,420 shares, a decline of 37.6% from the September 15th total of 7,084 shares. Based on an average trading volume of 203 shares, the days-to-cover ratio is presently 21.8 days.

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. Price Performance

Shares of OTCMKTS:RGEDF opened at $38.63 on Friday. The business’s 50 day moving average is $40.35 and its 200 day moving average is $39.65. Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. has a 52-week low of $29.23 and a 52-week high of $45.28.

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. Company Profile

(Get Free Report)

Richter Gedeon Vegyészeti Gyár Nyilvánosan Működő Rt., commonly known as Gedeon Richter, is a Hungary-based pharmaceutical company headquartered in Budapest. Founded in 1901 by pharmacist Gedeon Richter, the company has developed into an international healthcare business focused on research, manufacturing and marketing pharmaceutical products.

The company’s activities include the development and sale of generic, specialty and original medicines, as well as active pharmaceutical ingredients.

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