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

SANUWAVE Health, Inc. (OTCMKTS:SNWV) was the recipient of a large decline in short interest in April. As of April 15th, there was short interest totalling 102,100 shares, a decline of 43.2% from the March 31st total of 179,600 shares. Based on an average daily trading volume, of 589,800 shares, the days-to-cover ratio is currently 0.2 days.

SANUWAVE Health Price Performance

Shares of OTCMKTS SNWV remained flat at $0.02 during mid-day trading on Friday. The stock had a trading volume of 23,850 shares, compared to its average volume of 309,155. The company has a 50 day moving average price of $0.02 and a 200-day moving average price of $0.02. SANUWAVE Health has a 12 month low of $0.00 and a 12 month high of $0.03.

SANUWAVE Health (OTCMKTS:SNWV) last posted its quarterly earnings results on Thursday, March 21st. The company reported $0.03 earnings per share for the quarter. The company had revenue of $6.99 million for the quarter.

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.