SANUWAVE Health, Inc. (OTCMKTS:SNWV) Sees Significant Decrease in Short Interest

SANUWAVE Health, Inc. (OTCMKTS:SNWV) saw a large drop in short interest in August. As of August 31st, there was short interest totalling 105,200 shares, a drop of 33.2% from the August 15th total of 157,400 shares. Based on an average trading volume of 785,800 shares, the short-interest ratio is presently 0.1 days.

SANUWAVE Health Trading Up 6.9 %

OTCMKTS SNWV traded up $0.00 on Monday, hitting $0.02. 302,900 shares of the stock traded hands, compared to its average volume of 357,072. The stock has a 50-day moving average of $0.02 and a 200 day moving average of $0.02. SANUWAVE Health has a twelve month low of $0.00 and a twelve month high of $0.03. The company has a market capitalization of $20.08 million, a P/E ratio of -1.70 and a beta of 1.15.

SANUWAVE Health (OTCMKTS:SNWV) last posted its quarterly earnings results on Monday, August 12th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $7.16 million for the quarter. SANUWAVE Health had a negative return on equity of 23.83% and a negative net margin of 13.79%.

About SANUWAVE Health

SANUWAVE Health, Inc, a shock wave technology company, researches, develops, and commercializes noninvasive, high-energy, and acoustic shock waves for regenerative medicine and other applications in the United States and internationally. Its shockwaves are used to produce a biological response resulting in the body healing itself through the repair and regeneration of tissue, musculoskeletal, and vascular structures.