Eurofins Scientific SE (OTCMKTS:ERFSF) Short Interest Update

Eurofins Scientific SE (OTCMKTS:ERFSF) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 300,000 shares, a growth of 15.6% from the November 15th total of 259,500 shares. Based on an average trading volume of 16,500 shares, the days-to-cover ratio is presently 18.2 days.

Eurofins Scientific Stock Down 5.7 %

Shares of Eurofins Scientific stock traded down $2.94 during trading on Monday, hitting $48.89. 2,305 shares of the stock traded hands, compared to its average volume of 2,867. The company has a fifty day moving average price of $51.58 and a two-hundred day moving average price of $54.93. Eurofins Scientific has a twelve month low of $44.61 and a twelve month high of $68.45. The company has a quick ratio of 1.34, a current ratio of 1.42 and a debt-to-equity ratio of 0.64.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised Eurofins Scientific to a “strong-buy” rating in a research report on Monday, October 7th.

About Eurofins Scientific

Eurofins Scientific SE, together with its subsidiaries, provides various analytical testing and laboratory services worldwide. The company offers a portfolio of various analytical methods and tests to evaluate the safety, identity, composition, authenticity, origin, traceability, and purity of various products.