What Next for WILLIAM DEMANT HOLDING ORDINARY SHARES (OTCMKTS:WILLF) Stock After Increase in Shorted Shares?

June 15, 2018 - By reb123z

William Demant Holding A/S (OTCMKTS:WILLF) Logo

The stock of WILLIAM DEMANT HOLDING ORDINARY SHARES (OTCMKTS:WILLF) registered an increase of 4.14% in short interest. WILLF’s total short interest was 6.27M shares in June as published by FINRA. Its up 4.14% from 6.02 million shares, reported previously. With 400 shares average volume, it will take short sellers 15686 days to cover their WILLF’s short positions. The short interest to WILLIAM DEMANT HOLDING ORDINARY SHARES’s float is 6.02%.

The stock increased 5.73% or $2.1933 during the last trading session, reaching $40.4433. About 11,645 shares traded or 9852.99% up from the average. William Demant Holding A/S (OTCMKTS:WILLF) has 0.00% since June 15, 2017 and is . It has underperformed by 12.57% the S&P500.

William Demant Holding A/S, a hearing healthcare company, develops, makes, and sells products and equipment designed to aid the hearing and communication of individuals primarily in Denmark, rest of Europe, North America, Oceania, Asia, and other countries. The company has market cap of $10.28 billion. The Company’s products include hearing devices and implants; diagnostic instruments; and personal communication systems, such as professional and consumer headsets for the gaming, mobile phone, and call center and office divisions. It has a 35.89 P/E ratio.

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