SANUWAVE Health, Inc. (OTCMKTS:SNWV) Sees Large Drop in Short Interest

SANUWAVE Health, Inc. (OTCMKTS:SNWV) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 52,300 shares, a decline of 27.7% from the December 31st total of 72,300 shares. Based on an average daily volume of 32,300 shares, the short-interest ratio is presently 1.6 days.

SANUWAVE Health Price Performance

Shares of SNWV stock opened at $27.70 on Friday. The business has a fifty day moving average of $23.83 and a 200 day moving average of $15.16. The firm has a market capitalization of $236.56 million, a price-to-earnings ratio of 3.33 and a beta of 1.20. SANUWAVE Health has a 1 year low of $4.28 and a 1 year high of $29.19.

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.