Short Interest in DocMorris AG (OTCMKTS:ZRSEF) Drops By 45.9%

DocMorris AG (OTCMKTS:ZRSEF) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 156,154 shares, a decrease of 45.9% from the May 31st total of 288,775 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

DocMorris Stock Performance

ZRSEF opened at $7.45 on Wednesday. The firm has a 50-day moving average price of $7.45 and a 200-day moving average price of $7.67. DocMorris has a twelve month low of $7.45 and a twelve month high of $42.50.

About DocMorris

DocMorris is a leading European online pharmacy brand and a subsidiary of the Swiss-based Zur Rose Group (OTCMKTS:ZRSEF). Through its digital platform, the company offers mail-order dispensing of prescription medications and over-the-counter health products directly to consumers’ homes.

The company’s core services include the online sale and delivery of prescription and non-prescription drugs, health supplements, personal care items and medical devices. Leveraging its e-commerce infrastructure and proprietary pharmacy management systems, DocMorris also provides digital health solutions such as telemedicine consultations, medication management tools and mobile app-based healthcare services.

Originally launched in the early 2000s in Germany, DocMorris has expanded its reach to serve customers in multiple European countries, including the Netherlands, Belgium, Luxembourg and Switzerland.