Demant A/S Unsponsored ADR (OTCMKTS:WILYY) Short Interest Update

Demant A/S Unsponsored ADR (OTCMKTS:WILYY - Get Free Report) was the target of a large increase in short interest in the month of August. As of August 15th, there was short interest totaling 400 shares, anincreaseof300.0% from the July 31st total of 100 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is presently 0.3 days.

Demant A/S Price Performance

Shares of OTCMKTS:WILYY remained flat at $18.99 during trading on Friday. 24 shares of the stock traded hands, compared to its average volume of 426. The company has a 50 day simple moving average of $19.96 and a 200-day simple moving average of $18.93. Demant A/S has a 52-week low of $15.03 and a 52-week high of $21.93. The company has a quick ratio of 1.22, a current ratio of 1.63 and a debt-to-equity ratio of 1.29.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on WILYY shares. Barclays raised shares of Demant A/S from a "strong sell" rating to a "hold" rating in a research report on Friday, June 20th. Citigroup raised shares of Demant A/S from a "hold" rating to a "strong-buy" rating in a research report on Thursday, June 5th. Two analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy".

Demant A/S Company Profile

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.