Demant A/S (OTCMKTS:WILYY) Short Interest Up 700.0% in July

Demant A/S (OTCMKTS:WILYY) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 2,400 shares, an increase of 700.0% from the July 15th total of 300 shares. Based on an average daily trading volume, of 3,500 shares, the days-to-cover ratio is currently 0.7 days.

Demant A/S Stock Performance

WILYY remained flat at $18.75 during trading on Monday. 33 shares of the company’s stock traded hands, compared to its average volume of 1,573. Demant A/S has a 1 year low of $17.60 and a 1 year high of $27.06. The firm’s fifty day moving average price is $21.57 and its 200 day moving average price is $23.22. The company has a current ratio of 1.37, a quick ratio of 0.95 and a debt-to-equity ratio of 1.09.

About Demant A/S

Demant A/S operates as a hearing healthcare and audio technology company in Europe, North America, the Asia Pacific, Asia, and internationally. It operates through two segments: Hearing Healthcare and Communications. The Hearing Healthcare segment is involved in the manufacturing, servicing, and sale of hearing aids, and diagnostic products and services.