Short Interest in Getinge AB (publ) (OTCMKTS:GNGBY) Increases By 22.7%

Getinge AB (publ) (OTCMKTS:GNGBY) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 10,800 shares, an increase of 22.7% from the January 31st total of 8,800 shares. Based on an average daily volume of 26,600 shares, the days-to-cover ratio is currently 0.4 days.

Getinge AB (publ) Stock Performance

OTCMKTS:GNGBY traded up $0.29 during trading hours on Wednesday, reaching $20.25. 35,088 shares of the company’s stock were exchanged, compared to its average volume of 47,413. The company has a quick ratio of 0.50, a current ratio of 0.78 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $5.52 billion, a price-to-earnings ratio of 35.53 and a beta of 0.78. Getinge AB has a 1-year low of $14.84 and a 1-year high of $22.85. The company has a 50-day moving average of $18.46 and a 200 day moving average of $18.60.

Getinge AB (publ) (OTCMKTS:GNGBY) last released its quarterly earnings results on Tuesday, January 28th. The company reported $0.49 earnings per share (EPS) for the quarter. Getinge AB (publ) had a return on equity of 9.84% and a net margin of 4.71%.

About Getinge AB (publ)

Getinge AB (publ) provides products and solutions for operating rooms, intensive-care units, and sterilization departments. The company operates through Acute Care Therapies, Life Science, and Surgical Workflows segments. It offers extracorporeal membrane oxygenation, mechanical ventilation, mechanical circulatory support, advanced patient monitoring, ICU infrastructure equipment, patient flow management, and drainage solutions.