Demant A/S Unsponsored ADR (OTCMKTS:WILYY) Sees Significant Increase in Short Interest

Demant A/S Unsponsored ADR (OTCMKTS:WILYY – Get Free Report) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 207 shares, a growth of 218.5% from the October 15th total of 65 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,234 shares, the short-interest ratio is presently 0.2 days.

Demant A/S Price Performance

Shares of WILYY stock remained flat at $25.71 during mid-day trading on Friday. The stock had a trading volume of 966 shares, compared to its average volume of 1,089. Demant A/S has a 1-year low of $13.45 and a 1-year high of $29.41. The company has a fifty day simple moving average of $25.36 and a 200-day simple moving average of $19.79.

Analyst Ratings Changes

WILYY has been the subject of a number of analyst reports. UBS Group cut Demant A/S from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Sanford C. Bernstein lowered Demant A/S from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. Jefferies Financial Group cut Demant A/S from a “strong-buy” rating to a “hold” rating in a research report on Monday. Finally, Zacks Research raised shares of Demant A/S from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

View Our Latest Stock Analysis on WILYY

About Demant A/S

(Get Free Report)

Demant A/S is a Denmark-based hearing healthcare company that develops and sells hearing aids, audiological diagnostic equipment, and related services. Its product portfolio includes hearing aids under brands such as Oticon and Bernafon, as well as equipment for hearing and balance assessment through Interacoustics. The company also operates hearing care businesses that provide hearing tests, fittings, and ongoing support to consumers. Through its products and services, Demant serves hearing care professionals and customers in markets around the world.

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