Short Interest in Ambu A/S (OTCMKTS:AMBBY) Drops By 82.6%

Ambu A/S (OTCMKTS:AMBBY) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 400 shares, a decline of 82.6% from the March 31st total of 2,300 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is currently 0.6 days.

Ambu A/S Stock Performance

Shares of AMBBY traded up $0.23 during trading on Friday, reaching $16.08. The company’s stock had a trading volume of 937 shares, compared to its average volume of 208. The company has a fifty day moving average of $16.75 and a two-hundred day moving average of $14.64. Ambu A/S has a twelve month low of $9.45 and a twelve month high of $17.48.

About Ambu A/S

Ambu A/S develops, produces, and sells medical devices to hospitals, clinics, and rescue services worldwide. The company offers anaesthesia, and patient monitoring and diagnostics products. The company also offers endoscopy products, such as bronchoscopes, rhinolaryngoscopes, duodenoscopes, cystoscopes, and display units; and neurology products, including EEG and EMG electrodes, EMG guided injections, and intraoperative monitoring products.