Short Interest in Audinate Group Limited (OTCMKTS:AUDGF) Decreases By 52.9%

Audinate Group Limited (OTCMKTS:AUDGF) was the recipient of a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 55,100 shares, a decline of 52.9% from the February 29th total of 117,000 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is currently 55.1 days.

Audinate Group Price Performance

OTCMKTS:AUDGF opened at $13.50 on Thursday. The stock’s fifty day moving average price is $12.42 and its two-hundred day moving average price is $9.29. Audinate Group has a 52-week low of $9.59 and a 52-week high of $14.41.

About Audinate Group

Audinate Group Limited develops and sells digital audio visual (AV) networking solutions in Australia and internationally. It provides Dante, a technology platform that distributes digital audio and video signals over computer networks to original equipment manufacturers. The company also offers software products, such as Dante Controller, a real-time network monitoring device; Dante Virtual Soundcard that provides access to various audio devices on the network; Dante Via, a software that delivers multi-channel routing of computer-based audio; Dante Studio; Dante Connect that delivers in-sync audio directly from Dante networks to cloud services; and Dante Domain Manager, as well as Dante AVIO adapter.