Short Interest in Amplifon S.p.A. (OTCMKTS:AMFPF) Decreases By 43.1%

Amplifon S.p.A. (OTCMKTS:AMFPFGet Rating) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totalling 1,065,600 shares, a decrease of 43.1% from the April 30th total of 1,872,300 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 10,656.0 days.

Shares of OTCMKTS AMFPF opened at $40.00 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.95 and a debt-to-equity ratio of 1.14. Amplifon has a 12 month low of $33.49 and a 12 month high of $53.33. The firm has a market capitalization of $9.06 billion, a PE ratio of 43.48 and a beta of 0.78. The firm has a fifty day simple moving average of $39.96 and a two-hundred day simple moving average of $45.83.

Separately, JPMorgan Chase & Co. initiated coverage on shares of Amplifon in a report on Thursday, March 31st. They issued a “neutral” rating for the company.

About Amplifon (Get Rating)

Amplifon S.p.A. retails hearing care products and services that help people rediscover various emotions of sound. The company offers ampli-easy, ampli-mini, ampli-connect, and ampli-energy hearing devices. It also provides fitting of customized products. As of March 18, 2022, the company operated a network of approximately 9,200 points of sale in 25 countries and 5 continents.

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