Redcare Pharmacy NV (OTCMKTS:SAEYY) Sees Large Growth in Short Interest

Redcare Pharmacy NV (OTCMKTS:SAEYY) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 102 shares, an increase of 5,000.0% from the May 31st total of 2 shares. Based on an average daily volume of 9 shares, the short-interest ratio is presently 11.3 days.

Redcare Pharmacy Price Performance

OTCMKTS SAEYY remained flat at $7.55 on Thursday. The business has a 50 day moving average price of $6.08 and a 200 day moving average price of $6.52. Redcare Pharmacy has a twelve month low of $3.59 and a twelve month high of $12.60.

Analysts Set New Price Targets

SAEYY has been the subject of a number of recent research reports. Barclays restated an “overweight” rating on shares of Redcare Pharmacy in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Redcare Pharmacy in a report on Tuesday, June 16th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Redcare Pharmacy Company Profile

Redcare Pharmacy NV operates in online pharmacy business in the Netherlands, Germany, Italy, Belgium, Switzerland, Austria, and France. It provides prescription and non-prescription over-the-counter pharmaceuticals, beauty and personal care products, and food supplements. The company was formerly known as Shop Apotheke Europe N.V. and changed its name to Redcare Pharmacy NV in June 2023. Redcare Pharmacy NV was founded in 2001 and is headquartered in Sevenum, the Netherlands.