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Genmab A/S (OTCMKTS:GNMSF) Short Interest Down 25.2% in August

Genmab A/S logo with Medical background

Key Points

  • Genmab A/S experienced a significant decrease in short interest, dropping 25.2% in August, totaling 22,800 shares as of August 15th.
  • The company reported an earnings per share (EPS) of $5.42 for the last quarter, exceeding analysts' estimates of $3.99.
  • As of recent trading, Genmab's stock is up by $15.00 to $274.50 with a market cap of $18.14 billion.
  • Five stocks we like better than Genmab A/S.

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) was the target of a large drop in short interest during the month of August. As of August 15th, there was short interest totaling 22,800 shares, a drop of 25.2% from the July 31st total of 30,500 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is currently 12.7 days. Based on an average daily volume of 1,800 shares, the short-interest ratio is currently 12.7 days.

Genmab A/S Price Performance

Shares of OTCMKTS:GNMSF remained flat at $284.18 during mid-day trading on Friday. The stock has a market cap of $18.78 billion, a price-to-earnings ratio of 14.27 and a beta of 0.90. Genmab A/S has a fifty-two week low of $170.00 and a fifty-two week high of $284.18. The firm's 50-day simple moving average is $232.82 and its two-hundred day simple moving average is $214.29.

Genmab A/S (OTCMKTS:GNMSF - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $5.42 EPS for the quarter, topping the consensus estimate of $3.99 by $1.43. Genmab A/S had a net margin of 37.53% and a return on equity of 21.03%. The company had revenue of $925.00 million during the quarter, compared to the consensus estimate of $949.06 million.

About Genmab A/S

(Get Free Report)

Genmab A/S develops antibody therapeutics for the treatment of cancer and other diseases primarily in Denmark. The company markets DARZALEX, a human monoclonal antibody for the treatment of patients with multiple myeloma (MM); teprotumumab for the treatment of thyroid eye disease; and Amivantamab for advanced or metastatic gastric or esophageal cancer and NSCLC.

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