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

Getinge AB (publ) (OTCMKTS:GNGBY) was the target of a significant 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 short-interest ratio is currently 0.0 days.

Getinge AB (publ) Stock Performance

GNGBY stock traded up $0.18 during mid-day trading on Friday, hitting $15.31. The company had a trading volume of 25,628 shares, compared to its average volume of 51,330. The stock’s fifty day moving average price is $18.62 and its two-hundred day moving average price is $18.72. Getinge AB has a 12 month low of $14.84 and a 12 month high of $22.85.

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

About Getinge AB (publ)

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.