DocMorris AG (OTCMKTS:ZRSEF) Sees Large Drop in Short Interest

DocMorris AG (OTCMKTS:ZRSEF) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 156,154 shares, a drop of 45.9% from the May 31st total of 288,775 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

DocMorris Price Performance

ZRSEF stock opened at $7.45 on Tuesday. DocMorris has a one year low of $7.45 and a one year high of $42.50. The company’s 50 day moving average price is $7.45 and its two-hundred day moving average price is $7.69.

DocMorris Company Profile

DocMorris is a leading European online pharmacy brand and a subsidiary of the Swiss-based Zur Rose Group (OTCMKTS:ZRSEF). Through its digital platform, the company offers mail-order dispensing of prescription medications and over-the-counter health products directly to consumers’ homes.

The company’s core services include the online sale and delivery of prescription and non-prescription drugs, health supplements, personal care items and medical devices. Leveraging its e-commerce infrastructure and proprietary pharmacy management systems, DocMorris also provides digital health solutions such as telemedicine consultations, medication management tools and mobile app-based healthcare services.

Originally launched in the early 2000s in Germany, DocMorris has expanded its reach to serve customers in multiple European countries, including the Netherlands, Belgium, Luxembourg and Switzerland.