Arjo AB (publ) (OTCMKTS:ARRJF) Sees Large Increase in Short Interest

Arjo AB (publ) (OTCMKTS:ARRJF) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 13,900 shares, a growth of 1,637.5% from the January 15th total of 800 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Arjo AB (publ) Stock Performance

Shares of Arjo AB (publ) stock remained flat at $3.07 on Wednesday. The business has a 50-day simple moving average of $3.07 and a 200-day simple moving average of $3.68. Arjo AB has a 12 month low of $3.07 and a 12 month high of $4.11.

About Arjo AB (publ)

Arjo AB (publ) develops and sells medical devices and solutions for patients for clinical and financial outcomes for healthcare in Europe, Asia and Pacific, South America, Africa, and internationally. It offers products and solutions for patient handling, hygiene, disinfection, medical beds, pressure injury prevention, diagnostics, prevention of deep vein thrombosis and treatment of edema, leg ulcer treatment and prevention, and for obstetric and cardiac diagnostics.