Drägerwerk AG & Co. KGaA (OTCMKTS:DGWPF) Shares Shorted: Short Interest Up 369.6% in October

Drägerwerk AG & Co. KGaA (OTCMKTS:DGWPF – Get Free Report) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 216 shares, an increase of 369.6% from the September 30th total of 46 shares. Based on an average daily trading volume, of 55 shares, the days-to-cover ratio is currently 3.9 days.

Drägerwerk AG & Co. KGaA Price Performance

Shares of DGWPF remained flat at $83.34 during mid-day trading on Thursday. 216 shares of the stock traded hands, compared to its average volume of 145. Drägerwerk AG & Co. KGaA has a 12-month low of $72.00 and a 12-month high of $102.31. The firm’s fifty day simple moving average is $95.98 and its 200 day simple moving average is $83.34.

Drägerwerk AG & Co. KGaA Company Profile

(Get Free Report)

Drägerwerk AG & Co KGaA is a Germany-based technology company that develops products and services for medical and workplace safety applications. Founded in Lübeck in 1889 by Johann Heinrich Dräger, the company remains a family-influenced business and operates internationally under the Dräger brand.

Through its Medical division, Dräger supplies hospitals and other healthcare providers with anesthesia workstations, ventilators, patient-monitoring systems, neonatal care equipment, operating-room solutions and related software and services.

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