Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (OTCMKTS:RGEDF) Short Interest Down 81.3% in July

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. (OTCMKTS:RGEDF) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 1,537 shares, a decline of 81.3% from the June 30th total of 8,239 shares. Based on an average trading volume of 422 shares, the short-interest ratio is presently 3.6 days.

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. Price Performance

RGEDF stock traded up $0.60 during trading on Monday, reaching $37.58. 101 shares of the company traded hands, compared to its average volume of 1,059. The business has a 50 day simple moving average of $39.09 and a 200 day simple moving average of $35.90. Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt. has a 12 month low of $29.00 and a 12 month high of $45.28.

About Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt.

Richter Gedeon Vegyészeti Gyár Nyilvánosan Muködo Rt., commonly known as Gedeon Richter, is a Hungarian multinational pharmaceutical company with roots dating back to 1901. Founded by pharmacist Gedeon Richter in Budapest, the company has grown into one of Central Europe’s leading drug manufacturers. Over more than a century of operation, Richter has established a strong reputation for both proprietary drug discovery and the development of high-quality generic medicines.

Richter’s principal business activities encompass research and development, production and marketing of pharmaceutical products.