Arjo AB (publ) (OTCMKTS:ARRJF) Sees Large Decline in Short Interest

Arjo AB (publ) (OTCMKTS:ARRJF) was the recipient of a significant drop in short interest in April. As of April 15th, there was short interest totalling 250,400 shares, a drop of 5.2% from the March 31st total of 264,000 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Arjo AB (publ) Stock Performance

ARRJF stock opened at $4.59 on Tuesday. The business has a 50 day moving average price of $4.53 and a two-hundred day moving average price of $4.10. Arjo AB has a twelve month low of $3.70 and a twelve month high of $4.85.

About Arjo AB (publ)

Arjo AB (publ) develops and sells medical devices and solutions for patients for clinical and financial outcomes for healthcare in Europe, Asia and Pacific, South America, Africa, and internationally. It offers products and solutions for patient handling, hygiene, disinfection, medical beds, pressure injury prevention, diagnostics, prevention of deep vein thrombosis and treatment of edema, leg ulcer treatment and prevention, and for obstetric and cardiac diagnostics.