Drägerwerk AG & Co. KGaA (OTCMKTS:DGWPF) Sees Significant Drop in Short Interest

Drägerwerk AG & Co. KGaA (OTCMKTS:DGWPF) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 26 shares, a decline of 85.8% from the August 15th total of 183 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Drägerwerk AG & Co. KGaA Price Performance

DGWPF remained flat at $93.00 during trading hours on Friday. Drägerwerk AG & Co. KGaA has a fifty-two week low of $65.39 and a fifty-two week high of $93.00. The company has a 50 day simple moving average of $89.40 and a 200-day simple moving average of $82.37.

About Drägerwerk AG & Co. KGaA

Drägerwerk AG & Co KGaA (OTCMKTS: DGWPF) is a Germany-based technology company specializing in medical and safety solutions. Founded in 1889 and headquartered in Lübeck, Dräger serves hospitals, emergency responders, and industrial clients around the globe.

In its medical division, Dräger offers a comprehensive range of products for acute care environments. The portfolio includes ventilators, anesthesia machines, patient monitoring systems, infusion pumps, and neonatal care equipment. These solutions are designed to enhance clinical workflows, ensure patient safety, and provide seamless data integration across operating rooms, intensive care units, and patient transport settings.

Dräger’s safety technology segment develops equipment to protect against respiratory and gas hazards.