SANUWAVE Health, Inc. (OTCMKTS:SNWV) Sees Significant Decline in Short Interest

SANUWAVE Health, Inc. (OTCMKTS:SNWV) was the recipient of a large drop in short interest in February. As of February 15th, there was short interest totalling 42,900 shares, a drop of 21.6% from the January 31st total of 54,700 shares. Based on an average daily trading volume, of 12,400 shares, the days-to-cover ratio is presently 3.5 days.

SANUWAVE Health Price Performance

Shares of OTCMKTS:SNWV traded up $1.10 during midday trading on Wednesday, hitting $28.10. The company had a trading volume of 13,640 shares, compared to its average volume of 8,694. SANUWAVE Health has a twelve month low of $4.28 and a twelve month high of $29.19. The stock has a market cap of $240.14 million, a price-to-earnings ratio of 3.38 and a beta of 1.23. The business’s 50-day simple moving average is $26.14 and its 200-day simple moving average is $18.52.

SANUWAVE Health Company Profile

SANUWAVE Health, Inc, a shock wave technology company, researches, develops, and commercializes noninvasive, high-energy, and acoustic shock waves for regenerative medicine and other applications in the United States and internationally. Its shockwaves are used to produce a biological response resulting in the body healing itself through the repair and regeneration of tissue, musculoskeletal, and vascular structures.