INDUS Holding AG (OTCMKTS:INDHF – Get Free Report) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 214 shares, a decline of 84.3% from the September 15th total of 1,365 shares. Based on an average daily volume of 545 shares, the days-to-cover ratio is presently 0.4 days.
INDUS Price Performance
Shares of OTCMKTS INDHF remained flat at C$45.08 during midday trading on Friday. INDUS has a one year low of C$42.94 and a one year high of C$45.08. The firm’s 50-day moving average is C$33.14 and its two-hundred day moving average is C$31.23.
INDUS Company Profile
INDUS Holding AG is a German investment holding company that develops and manages a portfolio of medium-sized industrial businesses. The company provides its subsidiaries with long-term ownership, strategic support and access to resources while allowing them to operate with a high degree of independence.
Its portfolio has historically included companies active in engineering, infrastructure and construction-related products, automotive technology, materials and life sciences. These businesses manufacture specialized components, systems and products for industrial, commercial and infrastructure customers, serving a range of markets rather than relying on a single end-use sector.
Founded in 1989, INDUS is headquartered in Bergisch Gladbach, Germany, and primarily serves customers through its portfolio companies in Germany and other European markets.
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