Demant A/S Unsponsored ADR (OTCMKTS:WILYY) Short Interest Update

Demant A/S Unsponsored ADR (OTCMKTS:WILYY) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 87 shares, a growth of 141.7% from the April 30th total of 36 shares. Based on an average trading volume of 586 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Demant A/S Trading Up 4.4%

Shares of OTCMKTS WILYY opened at $19.65 on Friday. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.36 and a quick ratio of 1.00. Demant A/S has a 52-week low of $13.45 and a 52-week high of $21.93. The business’s 50 day moving average is $16.33 and its two-hundred day moving average is $16.01.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upgraded Demant A/S from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 18th. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

About Demant A/S

Demant A/S is a Denmark-based global hearing health care company specializing in the development, manufacture and distribution of hearing solutions and audiological diagnostic instruments. The company’s flagship brands include Oticon, Bernafon and Sonic, which offer a range of hearing aids designed to address various levels of hearing loss. In addition to personal hearing devices, Demant provides diagnostic equipment such as audiometers and tympanometers, supporting hearing care professionals in accurate assessment and fitting of hearing solutions.

Beyond hearing aids and diagnostics, Demant’s product portfolio extends to hearing implants—cochlear and bone-anchored systems—through its Oticon Medical division.