What’s Next for AMBU A/S ORDINARY SHARES (OTCMKTS:AMBFF) After Having Less Shares Shorted?

April 17, 2018 - By Louis Casey

The stock of AMBU A/S ORDINARY SHARES (OTCMKTS:AMBFF) registered a decrease of 4.7% in short interest. AMBFF’s total short interest was 415,500 shares in April as published by FINRA. Its down 4.7% from 436,000 shares, reported previously. With 100 shares average volume, it will take short sellers 4155 days to cover their AMBFF’s short positions.

It closed at $21.4823 lastly. It is down 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Ambu A/S provides healthcare solutions in the fields of anesthesia, patient monitoring and diagnostics, and emergency care in Europe, North America, and internationally. The company has market cap of $5.64 billion. The firm offers anesthesia products, including face masks, resuscitators, and breathing bags; airway management products, such as bronchoscopes, video laryngoscopes, double lumen tubes with integrated camera, endobronchial blockers, laryngeal masks, and resuscitators; and flexible endoscopes comprising bronchoscopes. It has a 114.88 P/E ratio. It also provides neurology products, which include EEG electrodes, EMG electrodes, and EMG guided injections; corkscrew needles, subdermal, electrodes, and probes; and sensors, electrodes, inductance belts, and snoring microphones.

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