Short Interest Update on Qiagen N.V. (QGEN)

Qiagen N.V. (QGEN) : The conviction of the bears is waning as is visible by the drop in the short positions from Jul 29, 2016, to August 15, 2016. The total outstanding shorts decreased from 5,039,964 to 4,277,092 shares, with 5 days to go before the expiry. The short open interest has decreased by -15.1%, amounting to a reduction of -762,872 shares. Only a handful of traders believe that the stock has a large downside from current levels, as seen in the low short interest of 1.9% of the float of the company. The average daily volume of the stock is 920,781 shares. The short interest information was released on Wednesday Aug 24th after the market close.

Qiagen N.V. (NASDAQ:QGEN): The stock opened at $27.36 on Wednesday but the bulls could not build on the opening and the stock topped out at $27.50 for the day. The stock traded down to $26.83 during the day, due to lack of any buying support eventually closed down at $26.89 with a loss of -2.36% for the day. The stock had closed at $27.54 on the previous day. The total traded volume was 842,559 shares.


QIAGEN N.V. (QIAGEN) is a Netherlands-based holding company. The Company and its subsidiaries are engaged in providing Sample to Insight solutions that transform biological samples into molecular insights. Sample to Insight solutions are composed of sample and assay technologies, bioinformatics and automation systems. Sample to Insight molecular technologies are applicable across a range of applications and customer classes through more than 500 core consumable products, as well as instruments that automate the use of these products for sample preparation, analysis and interpretation. The Companys bioinformatics solutions connect laboratory workflows and process amounts of genomic data, enabling scientists or clinicians to interpret results and decide on further action.

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