HMS Networks AB (publ) (OTCMKTS:HMNKF) Sees Large Decline in Short Interest

HMS Networks AB (publ) (OTCMKTS:HMNKF) was the target of a significant drop in short interest in January. As of January 31st, there was short interest totalling 65,700 shares, a drop of 6.8% from the January 15th total of 70,500 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 328.5 days.

HMS Networks AB (publ) Price Performance

Shares of HMNKF remained flat at $46.00 during midday trading on Monday. The firm has a 50-day moving average price of $40.40 and a 200-day moving average price of $40.60. HMS Networks AB has a 52-week low of $38.20 and a 52-week high of $46.00.

About HMS Networks AB (publ)

HMS Networks AB (publ) engages in the provision of products that enable industrial equipment to communicate and share information worldwide. The company offers Anybus Embedded that offers multi-network connectivity with a single development project; Anybus Gateways, a gateway for connecting devices, machines, systems, or networks; Anybus Wireless that allows to connect machines and devices over Bluetooth, Wi-Fi, cellular networks, and industrial Ethernet; and Anybus Diagnostics, which offers tools and services to monitor, analyze, and troubleshoot industrial networks.