Alvotech (NASDAQ:ALVOW – Get Free Report) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 13,100 shares, a decline of 20.6% from the September 30th total of 16,500 shares. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is presently 4.2 days.
Alvotech Price Performance
NASDAQ ALVOW opened at $3.48 on Monday. The stock’s fifty day moving average price is $2.79 and its 200 day moving average price is $2.97. Alvotech has a 1 year low of $1.39 and a 1 year high of $6.31.
About Alvotech
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