Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (OTCMKTS:RGEDF – Get Free Report) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 4,698 shares, an increase of 240.4% from the July 30th total of 1,380 shares. Based on an average daily volume of 4,164 shares, the days-to-cover ratio is currently 1.1 days.
Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. Price Performance
OTCMKTS:RGEDF opened at $43.25 on Friday. Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. has a 1-year low of $29.00 and a 1-year high of $45.28. The business’s 50-day moving average price is $39.68 and its two-hundred day moving average price is $37.57.
About Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt.
Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt., commonly known as Gedeon Richter, is a Hungarian multinational pharmaceutical company with roots dating back to 1901. Founded by pharmacist Gedeon Richter in Budapest, the company has grown into one of Central Europe’s leading drug manufacturers. Over more than a century of operation, Richter has established a strong reputation for both proprietary drug discovery and the development of high-quality generic medicines.
Richter’s principal business activities encompass research and development, production and marketing of pharmaceutical products.
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