Short Interest in Ambu A/S (OTCMKTS:AMBBY) Rises By 127.3%

Ambu A/S (OTCMKTS:AMBBYGet Rating) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 5,000 shares, an increase of 127.3% from the March 31st total of 2,200 shares. Based on an average daily trading volume, of 8,300 shares, the short-interest ratio is currently 0.6 days.

Shares of AMBBY opened at $13.57 on Friday. The stock’s 50-day moving average price is $15.60 and its 200 day moving average price is $21.75. Ambu A/S has a 12-month low of $13.24 and a 12-month high of $57.02.

Ambu A/S Company Profile (Get Rating)

Ambu A/S develops, produces, and sells medical devices to hospitals, clinics, and rescue services worldwide. It provides healthcare solutions in the fields of visualization, anesthesia, and patient monitoring and diagnostics. The company offers endoscopy products, such as bronchoscopes and monitors; and neurology products, including EEG and EMG electrodes, EMG guided injections, and intraoperative monitoring products.

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