Short Interest in Getinge AB (publ) (OTCMKTS:GNGBY) Increases By 600.0%

Getinge AB (publ) (OTCMKTS:GNGBY) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 700 shares, an increase of 600.0% from the October 31st total of 100 shares. Based on an average trading volume of 83,900 shares, the days-to-cover ratio is presently 0.0 days.

Getinge AB (publ) Stock Performance

Shares of GNGBY traded down $0.14 during trading hours on Wednesday, hitting $15.13. 86,456 shares of the company were exchanged, compared to its average volume of 46,746. The firm’s fifty day moving average is $18.89 and its 200 day moving average is $18.77. Getinge AB has a fifty-two week low of $14.84 and a fifty-two week high of $22.85.

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