Short Interest in Getinge AB (publ) (OTCMKTS:GNGBY) Decreases By 75.0%

Getinge AB (publ) (OTCMKTS:GNGBY) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 2,700 shares, a drop of 75.0% from the February 13th total of 10,800 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 33,300 shares, the days-to-cover ratio is presently 0.1 days.

Getinge AB (publ) Stock Performance

OTCMKTS GNGBY opened at $21.01 on Thursday. The company has a 50-day simple moving average of $19.05 and a two-hundred day simple moving average of $18.66. Getinge AB has a 12-month low of $14.84 and a 12-month high of $22.85. The firm has a market cap of $5.72 billion, a price-to-earnings ratio of 36.86 and a beta of 0.81. The company has a quick ratio of 0.50, a current ratio of 0.78 and a debt-to-equity ratio of 0.06.

Getinge AB (publ) (OTCMKTS:GNGBY) last issued its earnings results on Tuesday, January 28th. The company reported $0.49 earnings per share 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.