Merck KGaA (OTCMKTS:MKGAF) Sees Large Increase in Short Interest

Merck KGaA (OTCMKTS:MKGAF) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 434,000 shares, an increase of 63.0% from the January 31st total of 266,200 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is currently 1,446.7 days.

Merck KGaA Trading Up 1.0 %

Shares of MKGAF stock traded up $1.47 during trading hours on Friday, reaching $145.25. The company’s stock had a trading volume of 132 shares, compared to its average volume of 669. The firm’s fifty day simple moving average is $146.52 and its 200 day simple moving average is $160.81. Merck KGaA has a one year low of $135.00 and a one year high of $200.56. The stock has a market capitalization of $18.77 billion, a P/E ratio of 22.18 and a beta of 0.96. The company has a current ratio of 1.31, a quick ratio of 0.84 and a debt-to-equity ratio of 0.27.

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.