Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (OTCMKTS:RGEDF) Short Interest Update

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (OTCMKTS:RGEDF) was the recipient of a significant increase in short interest during 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. The stock’s fifty day moving average is $39.58 and its two-hundred day moving average is $37.53. Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. has a fifty-two week low of $29.00 and a fifty-two week high of $45.28.

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.