Munters Group AB (publ) (OTCMKTS:MMNNF) Sees Large Increase in Short Interest

Munters Group AB (publ) (OTCMKTS:MMNNF) saw a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 430,800 shares, an increase of 56.8% from the October 15th total of 274,800 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 4,308.0 days.

Munters Group AB (publ) Price Performance

MMNNF stock opened at C$15.60 on Friday. The business’s 50-day moving average is C$20.04 and its two-hundred day moving average is C$21.05. Munters Group AB has a fifty-two week low of C$13.65 and a fifty-two week high of C$24.50.

About Munters Group AB (publ)

Munters Group AB (publ) provides climate solutions in Sweden and internationally. The company operates through three segments: AirTech, Data Center Technologies, and FoodTech. It offers air intakes/air inlets, combined temperature and humidity control products, dehumidifiers, heat exchangers, mass transfer solutions and equipment, pollution control and VOC abatements, air cleaners for agriculture, climate and irrigation controllers for agriculture, coolers and humidifiers, fans and light traps, heaters, and mist eliminators.