Demant A/S Unsponsored ADR (OTCMKTS:WILYY) Short Interest Up 50.0% in August

Key Points

• Demant A/S saw a significant increase in short interest, rising by 50.0% to a total of 600 shares as of August 31st, based on a short-interest ratio of 6.0 days.
• The stock opened at $19.25 and has a twelve-month range between $15.03 and $21.93, along with robust liquidity ratios.
• Analysts have an average rating of "Buy" for Demant A/S, with upgrades from several financial institutions including a shift from "hold" to "strong-buy" by Citigroup.

Demant A/S Unsponsored ADR (OTCMKTS:WILYY - Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 600 shares, a growth of 50.0% from the August 15th total of 400 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 100 shares, the short-interest ratio is presently 6.0 days. Based on an average trading volume of 100 shares, the short-interest ratio is presently 6.0 days. Currently, 0.0% of the shares of the company are short sold.

Demant A/S Price Performance

OTCMKTS WILYY remained flat at $18.52 on Friday. Demant A/S has a twelve month low of $15.03 and a twelve month high of $21.93. The firm's fifty day moving average is $19.49 and its two-hundred day moving average is $19.00. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.63 and a quick ratio of 1.22.

Analyst Ratings Changes

Several analysts recently issued reports on WILYY shares. Citigroup upgraded Demant A/S from a "hold" rating to a "strong-buy" rating in a research note on Thursday, June 5th. Barclays upgraded shares of Demant A/S from a "strong sell" rating to a "hold" rating in a research note on Friday, June 20th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus 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.