Shop Apotheke Europe (OTCMKTS:SAEYY) Short Interest Down 20.0% in April

Shop Apotheke Europe (OTCMKTS:SAEYYGet Rating) was the recipient of a significant drop in short interest in the month of April. As of April 30th, there was short interest totalling 400 shares, a drop of 20.0% from the April 15th total of 500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 4.0 days.

A number of equities research analysts recently issued reports on SAEYY shares. Barclays initiated coverage on Shop Apotheke Europe in a research report on Tuesday, May 10th. They issued an “overweight” rating on the stock. Baader Bank raised Shop Apotheke Europe to a “buy” rating and set a €110.00 ($114.58) price target for the company in a research note on Thursday, May 12th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Shop Apotheke Europe has a consensus rating of “Buy” and a consensus target price of $110.00.

Shares of OTCMKTS SAEYY remained flat at $$9.89 during midday trading on Wednesday. Shop Apotheke Europe has a twelve month low of $7.58 and a twelve month high of $20.16. The firm has a 50-day moving average of $9.23 and a 200-day moving average of $12.04.

About Shop Apotheke Europe (Get Rating)

Shop Apotheke Europe N.V. owns and operates online pharmacies in Germany, Austria, Switzerland, France, Belgium, Italy, and the Netherlands. It provides prescription medications, over-the-counter medications, and pharmacy-related beauty and personal care products, as well as food supplements. The company was founded in 2001 and is headquartered in Sevenum, the Netherlands.

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