SANUWAVE Health, Inc. (OTCMKTS:SNWV) Short Interest Down 21.6% in February

SANUWAVE Health, Inc. (OTCMKTS:SNWV) saw a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 42,900 shares, a drop of 21.6% from the January 31st total of 54,700 shares. Based on an average trading volume of 12,400 shares, the short-interest ratio is currently 3.5 days.

SANUWAVE Health Stock Up 2.9 %

Shares of SNWV stock traded up $0.75 during trading hours on Tuesday, hitting $27.00. 19,991 shares of the company’s stock traded hands, compared to its average volume of 8,572. The stock’s fifty day simple moving average is $26.05 and its two-hundred day simple moving average is $18.37. SANUWAVE Health has a 12-month low of $4.28 and a 12-month high of $29.19. The stock has a market cap of $230.74 million, a price-to-earnings ratio of 3.24 and a beta of 1.23.

About SANUWAVE Health

SANUWAVE Health, Inc, a shock wave technology company, researches, develops, and commercializes noninvasive, high-energy, and acoustic shock waves for regenerative medicine and other applications in the United States and internationally. Its shockwaves are used to produce a biological response resulting in the body healing itself through the repair and regeneration of tissue, musculoskeletal, and vascular structures.