HMS Networks AB (publ) (OTCMKTS:HMNKF) Stock Short Interest Rises 138.0%

HMS Networks AB (publ) (OTCMKTS:HMNKF) was the recipient of a significant increase in short interest in October. As of October 30th, there was short interest totaling 35,082 shares, an increase of 138.0% from the October 15th total of 14,741 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

HMS Networks AB (publ) Price Performance

Shares of HMNKF opened at $48.73 on Friday. The company’s 50-day simple moving average is $48.73 and its 200-day simple moving average is $49.74. HMS Networks AB has a 1 year low of $43.95 and a 1 year high of $59.75.

HMS Networks AB (publ) Company Profile

HMS Networks AB (publ) develops products and services that connect industrial equipment, control systems and software. Its offerings include communication gateways, embedded modules, industrial routers and wireless solutions that help devices using different protocols exchange data and connect to networks. The company also provides solutions for remote access and maintenance, industrial network diagnostics, and integration between building automation systems. Its brands include Anybus, Ewon, Ixxat, Intesis and Red Lion.