Does FAGRON SA ORDINARY SHARES (OTCMKTS:ARSUF) Have Gas After Even Less Sellers Involved?

June 18, 2018 - By Darrin Black

Fagron NV (OTCMKTS:ARSUF) Logo

The stock of FAGRON SA ORDINARY SHARES (OTCMKTS:ARSUF) registered a decrease of 8.43% in short interest. ARSUF’s total short interest was 174,800 shares in June as published by FINRA. Its down 8.43% from 190,900 shares, reported previously. With 24,900 shares average volume, it will take short sellers 7 days to cover their ARSUF’s short positions. The short interest to FAGRON SA ORDINARY SHARES’s float is 0.59%.

It closed at $17.3 lastly. It is down 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

Fagron NV provides pharmaceutical compounding services to hospitals, pharmacies, clinics, and patients worldwide. The company has market cap of $1.23 billion. The firm operates through four divisions: Fagron Speciality Pharma Services, Fagron Trademarks, Fagron Essentials, and HL Technology. It has a 23.01 P/E ratio. The Fagron Speciality Pharma Services segment prepares customized medication in sterile and non-sterile compounding facilities in Europe, the United States, Colombia, and South Africa.

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