Eurofins Scientific SE (OTCMKTS:ERFSF) Short Interest Up 12.7% in November

Eurofins Scientific SE (OTCMKTS:ERFSF) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 259,500 shares, a growth of 12.7% from the October 31st total of 230,200 shares. Based on an average trading volume of 5,400 shares, the short-interest ratio is presently 48.1 days.

Wall Street Analyst Weigh In

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

Eurofins Scientific Price Performance

ERFSF traded down $0.03 during midday trading on Tuesday, hitting $48.42. The stock had a trading volume of 1,826 shares, compared to its average volume of 5,369. The business has a fifty day moving average of $53.65 and a 200 day moving average of $55.71. The company has a quick ratio of 1.34, a current ratio of 1.42 and a debt-to-equity ratio of 0.64. Eurofins Scientific has a 1 year low of $44.61 and a 1 year high of $68.45.

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.