HMS Networks AB (publ) (OTCMKTS:HMNKF) Sees Large Decline in Short Interest

HMS Networks AB (publ) (OTCMKTS:HMNKF) was the recipient of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 93,000 shares, a drop of 6.7% from the November 15th total of 99,700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 930.0 days.

HMS Networks AB (publ) Stock Performance

HMS Networks AB (publ) stock remained flat at $39.00 during midday trading on Monday. HMS Networks AB has a fifty-two week low of $38.20 and a fifty-two week high of $40.85. The business has a fifty day simple moving average of $39.58 and a two-hundred day simple moving average of $41.17.

About HMS Networks AB (publ)

HMS Networks AB (publ) engages in the provision of products that enable industrial equipment to communicate and share information worldwide. The company offers Anybus Embedded that offers multi-network connectivity with a single development project; Anybus Gateways, a gateway for connecting devices, machines, systems, or networks; Anybus Wireless that allows to connect machines and devices over Bluetooth, Wi-Fi, cellular networks, and industrial Ethernet; and Anybus Diagnostics, which offers tools and services to monitor, analyze, and troubleshoot industrial networks.