Merck KGaA (OTCMKTS:MKKGY) Sees Significant Decline in Short Interest

Merck KGaA (OTCMKTS:MKKGY) saw a significant decline in short interest in February. As of February 15th, there was short interest totalling 1,000 shares, a decline of 98.1% from the January 31st total of 53,500 shares. Based on an average daily volume of 176,700 shares, the days-to-cover ratio is currently 0.0 days.

Merck KGaA Price Performance

Shares of MKKGY stock traded down $0.57 during trading hours on Friday, hitting $27.95. The company had a trading volume of 63,494 shares, compared to its average volume of 138,684. Merck KGaA has a 12 month low of $27.68 and a 12 month high of $39.17. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.91 and a current ratio of 1.33. The firm’s fifty day moving average is $29.19 and its 200 day moving average is $32.29. The firm has a market capitalization of $18.06 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 2.05 and a beta of 0.95.

About Merck KGaA

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.