Arjo AB (publ) (OTCMKTS:ARRJF) Sees Significant Decline in Short Interest

Arjo AB (publ) (OTCMKTS:ARRJF) was the target of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 3 shares, a decline of 100.0% from the October 15th total of 162,028 shares. Based on an average daily volume of 145 shares, the short-interest ratio is presently 0.0 days.

Arjo AB (publ) Stock Performance

OTCMKTS:ARRJF remained flat at $3.37 during mid-day trading on Tuesday. The firm’s 50 day moving average is $3.01 and its two-hundred day moving average is $2.96. Arjo AB has a one year low of $2.50 and a one year high of $3.37.

About Arjo AB (publ)

Arjo AB (publ) is a Sweden-based medical technology company that develops products and solutions designed to improve mobility, safety, and dignity for people with reduced mobility. Its customers include hospitals, long-term care facilities, and other healthcare providers. The company’s portfolio includes patient-handling equipment such as mobile and ceiling lifts, transfer aids, and slings; medical beds and therapeutic surfaces; hygiene and bathing systems; and solutions for preventing pressure injuries and venous thromboembolism.