Arjo AB (publ) (OTCMKTS:ARRJF) Sees Large Increase in Short Interest

Arjo AB (publ) (OTCMKTS:ARRJF) was the recipient of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 1,800 shares, an increase of 1,700.0% from the May 15th total of 100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Arjo AB (publ) Price Performance

Shares of Arjo AB (publ) stock opened at $3.07 on Thursday. Arjo AB has a 1 year low of $3.07 and a 1 year high of $4.11. The company’s fifty day moving average is $3.07 and its two-hundred day moving average is $3.07.

About Arjo AB (publ)

Arjo AB (publ) develops and sells medical devices and solutions for patients for clinical and financial outcomes for healthcare in Europe, Asia and Pacific, South America, Africa, and internationally. It offers products and solutions for patient handling, hygiene, disinfection, medical beds, pressure injury prevention, diagnostics, prevention of deep vein thrombosis and treatment of edema, leg ulcer treatment and prevention, and for obstetric and cardiac diagnostics.