Getinge AB (publ) (OTCMKTS:GNGBY) Sees Significant Growth in Short Interest

Getinge AB (publ) (OTCMKTS:GNGBY) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 2,700 shares, an increase of 285.7% from the November 15th total of 700 shares. Based on an average daily volume of 122,000 shares, the short-interest ratio is presently 0.0 days.

Getinge AB (publ) Stock Performance

OTCMKTS GNGBY traded down $0.08 on Friday, reaching $15.55. The stock had a trading volume of 47,828 shares, compared to its average volume of 59,216. The firm has a fifty day moving average of $17.41 and a two-hundred day moving average of $18.55. Getinge AB has a 1-year low of $14.84 and a 1-year high of $22.85.

Getinge AB (publ) (OTCMKTS:GNGBY) last released its quarterly earnings results on Friday, October 18th. The company reported $0.21 EPS for the quarter. Getinge AB (publ) had a net margin of 5.04% and a return on equity of 8.27%. The business had revenue of $755.49 million for the quarter.

Getinge AB (publ) Company Profile

Getinge AB (publ) provides products and solutions for operating rooms, intensive-care units, and sterilization departments. The company operates through Acute Care Therapies, Life Science, and Surgical Workflows segments. It offers extracorporeal membrane oxygenation, mechanical ventilation, mechanical circulatory support, advanced patient monitoring, ICU infrastructure equipment, patient flow management, and drainage solutions.