Getinge AB (publ) (OTCMKTS:GNGBY) Sees Significant Growth in Short Interest

Getinge AB (publ) (OTCMKTS:GNGBY - Get Free Report) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 45,200 shares, an increase of 1,406.7% from the December 15th total of 3,000 shares. Based on an average trading volume of 158,500 shares, the days-to-cover ratio is currently 0.3 days.

Getinge AB (publ) Stock Down 1.1 %

GNGBY stock traded down $0.19 during trading on Monday, reaching $16.60. The stock had a trading volume of 50,233 shares, compared to its average volume of 105,433. The company has a market capitalization of $4.52 billion, a price-to-earnings ratio of 28.14 and a beta of 0.77. Getinge AB has a one year low of $14.84 and a one year high of $22.85. The company's 50 day moving average is $16.15 and its two-hundred day moving average is $18.39.

Getinge AB (publ) (OTCMKTS:GNGBY - Get Free Report) last posted its quarterly earnings results on Friday, October 18th. The company reported $0.21 earnings per share for the quarter. Getinge AB (publ) had a net margin of 5.04% and a return on equity of 8.27%. The company had revenue of $755.49 million during the quarter.

About Getinge AB (publ)

Getinge AB (publ) provides products and solutions for operating rooms, intensive-care units, and sterilization departments. The company operates through Acute Care Therapies, Life Science, and Surgical Workflows segments. It offers extracorporeal membrane oxygenation, mechanical ventilation, mechanical circulatory support, advanced patient monitoring, ICU infrastructure equipment, patient flow management, and drainage solutions.