Short Interest in Demant A/S (OTCMKTS:WILYY) Increases By 420.0%

Demant A/S (OTCMKTS:WILYY) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 2,600 shares, a growth of 420.0% from the May 31st total of 500 shares. Based on an average daily trading volume, of 1,500 shares, the short-interest ratio is presently 1.7 days.

Demant A/S Stock Performance

Shares of WILYY opened at $24.84 on Friday. Demant A/S has a fifty-two week low of $21.50 and a fifty-two week high of $27.06. The firm has a 50-day simple moving average of $23.62 and a 200-day simple moving average of $23.57. The company has a current ratio of 1.37, a quick ratio of 0.95 and a debt-to-equity ratio of 1.09.

Demant A/S Company Profile

Demant A/S operates as a hearing healthcare and audio technology company in Europe, North America, the Asia Pacific, Asia, and internationally. It operates through two segments: Hearing Healthcare and Communications. The Hearing Healthcare segment is involved in the manufacturing, servicing, and sale of hearing aids, and diagnostic products and services.