Galenica AG (OTCMKTS:GALNF) Sees Large Decline in Short Interest

Galenica AG (OTCMKTS:GALNF) was the recipient of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 86,400 shares, a decline of 8.0% from the October 31st total of 93,900 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Galenica Stock Performance

OTCMKTS GALNF opened at C$75.25 on Wednesday. The firm’s 50 day moving average price is C$75.25 and its two-hundred day moving average price is C$75.25. Galenica has a twelve month low of C$75.25 and a twelve month high of C$75.25.

About Galenica

Galenica AG operates as a healthcare service provider in Switzerland and internationally. It operates through two segments, Products & Care, and Logistics & IT. The Products & Care segment operates pharmacies and partner pharmacies under the Amavita, Sun Store, and Coop Vitality brands. This segment also offers medication for treatment of patients at home; launches and distributes a portfolio of consumer health, pharmaceutical, and parapharmaceutical products; and marketing and sale services to partners in the healthcare market.