bioMérieux S.A. Sees Notable Surge in Short Interest

bioMérieux S.A. (OTCMKTS:BMXMF) experienced a notable rise in short interest during the month of November. As of November 30th, the total short interest reached 139,000 shares, which represents a 6.6% increase from the 130,400 shares recorded on November 15th. With an average trading volume of only 100 shares, the short-interest ratio stands at a significant 1,390.0 days.

Analysts Revising Price Forecasts

Additionally, UBS Group has recently updated its stance on bioMérieux. In a research note released on August 22nd, they assigned a "strong-buy" rating to the stock, indicating confidence in its future performance.

Keep Updated on Our Stock Analysis for BMXMF

bioMérieux Stock Performance

On Friday, during mid-day trading, shares of bioMérieux (OTCMKTS:BMXMF) increased by $0.93, reaching a price of $107.03. The trading volume for that day included 140 shares, which is below the company's average volume of 337 shares. The stock has recorded a 50-day moving average price of $108.32 and a two-hundred day moving average price of $107.55. Additionally, bioMérieux shares have fluctuated between a 12-month low of $93.50 and a high of $122.52.

About bioMérieux

bioMérieux S.A. is a global leader in the development and production of in vitro diagnostic solutions, primarily aimed at diagnosing infectious diseases across multiple regions, including the Americas, Europe, and Asia Pacific. Their offerings include diverse diagnostic systems that utilize biological samples such as blood, saliva, and urine. These systems are vital for identifying bacterial, parasitic, and viral infections, as well as ensuring microbiological control in various production environments, particularly in the food, pharmaceutical, and cosmetic sectors.

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This article focuses on providing timely updates and insights into the market dynamics surrounding bioMérieux.

Investment Consideration in bioMérieux

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