Arjo AB (publ) (OTCMKTS:ARRJF) Shares Shorted: Short Interest Down 59.3% in October

Arjo AB (publ) (OTCMKTS:ARRJF) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 162,028 shares, a decline of 59.3% from the September 30th total of 397,874 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Arjo AB (publ) Stock Performance

Shares of ARRJF opened at $3.37 on Friday. The stock has a 50 day simple moving average of $2.97 and a 200 day simple moving average of $2.96. Arjo AB has a 52-week low of $2.50 and a 52-week high of $3.37.

About Arjo AB (publ)

Arjo AB (publ) is a Sweden-based medical device and healthcare solutions company focused on improving mobility, independence, and quality of care for people with reduced mobility and age-related health conditions. The company serves hospitals, long-term care facilities, and other healthcare environments.

Its product portfolio includes patient-handling and transfer equipment, medical beds, pressure injury prevention systems, therapeutic bathing solutions, and other devices and services designed to support safe patient mobility and efficient clinical workflows.