Ambu A/S Unsponsored ADR (OTCMKTS:AMBBY) Shares Shorted: Short Interest Up 253.8% in September

Ambu A/S Unsponsored ADR (OTCMKTS:AMBBY) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 92 shares, an increase of 253.8% from the August 31st total of 26 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 74 shares, the short-interest ratio is presently 1.2 days.

Wall Street Analyst Weigh In

Separately, UBS Group downgraded shares of Ambu A/S from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 15th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Ambu A/S Price Performance

Ambu A/S stock opened at $10.22 on Monday. The company has a market cap of $2.40 billion, a P/E ratio of 34.08 and a beta of 0.93. Ambu A/S has a one year low of $8.54 and a one year high of $16.78. The business has a fifty day moving average of $10.80 and a two-hundred day moving average of $10.38. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.69 and a current ratio of 2.77.

Ambu A/S (OTCMKTS:AMBBY) last posted its quarterly earnings results on Tuesday, August 25th. The company reported $0.09 earnings per share for the quarter. The business had revenue of $255.12 million for the quarter. Ambu A/S had a net margin of 8.18% and a return on equity of 8.49%.

Ambu A/S Company Profile

Ambu A/S is a Danish medical technology company that develops, manufactures and markets single-use devices for hospitals and other healthcare providers. The company focuses on reducing the need to reprocess reusable equipment while supporting clinical procedures in areas such as endoscopy, anesthesia and patient monitoring.

Ambu’s product portfolio includes disposable endoscopes and related visualization systems, airway management products, anesthesia equipment and devices used for patient monitoring and diagnostics.