Demant A/S (OTCMKTS:WILYY) Short Interest Update

Demant A/S (OTCMKTS:WILYYGet Rating) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totalling 1,000 shares, an increase of 25.0% from the April 15th total of 800 shares. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is currently 1.1 days.

Separately, Jefferies Financial Group started coverage on Demant A/S in a research note on Thursday, April 21st. They issued a “buy” rating on the stock. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Shares of OTCMKTS WILYY opened at $20.48 on Tuesday. Demant A/S has a 12-month low of $18.60 and a 12-month high of $30.02. The stock has a fifty day moving average price of $21.34 and a 200 day moving average price of $22.66.

About Demant A/S (Get Rating)

Demant A/S, a hearing healthcare and audio technology company, develops, manufactures, and sells products and equipment to enhance people's hearing in Europe, North America, the Pacific, Asia, and internationally. It operates in two segments, Hearing Healthcare and Communications. The Hearing Healthcare segment offers hearing implants and aids, hearing care, and diagnostic products.

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