Munters Group AB (publ) (OTCMKTS:MMNNF) Sees Large Decline in Short Interest

Munters Group AB (publ) (OTCMKTS:MMNNF) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 469,700 shares, a drop of 21.5% from the February 13th total of 598,300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 4,697.0 days.

Munters Group AB (publ) Stock Performance

Shares of OTCMKTS:MMNNF remained flat at C$12.75 during midday trading on Wednesday. Munters Group AB has a 12 month low of C$12.75 and a 12 month high of C$24.50. The firm’s 50-day moving average price is C$16.64 and its two-hundred day moving average price is C$17.97.

Munters Group AB (publ) Company Profile

Munters Group AB (publ) provides climate solutions in Sweden and internationally. The company operates through three segments: AirTech, Data Center Technologies, and FoodTech. It offers air intakes/air inlets, combined temperature and humidity control products, dehumidifiers, heat exchangers, mass transfer solutions and equipment, pollution control and VOC abatements, air cleaners for agriculture, climate and irrigation controllers for agriculture, coolers and humidifiers, fans and light traps, heaters, and mist eliminators.