Demant A/S (OTCMKTS:WILLF) Sees Significant Increase in Short Interest

Demant A/S (OTCMKTS:WILLF) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 1,111,842 shares, a growth of 20.6% from the February 26th total of 922,293 shares. Based on an average daily volume of 96 shares, the days-to-cover ratio is currently 11,581.7 days.

Demant A/S Stock Performance

WILLF opened at $28.30 on Thursday. The company has a 50 day simple moving average of $31.87 and a two-hundred day simple moving average of $33.84. Demant A/S has a 1-year low of $28.08 and a 1-year high of $43.78.

About Demant A/S

Demant A/S, headquartered in Smørum, Denmark, is a global leader in hearing healthcare solutions. The company’s core business centers on the development, manufacturing and distribution of hearing aids, audio processors and related diagnostic equipment. Under its portfolio of brands—including Oticon, Bernafon, Sonic and Oticon Medical—Demant provides advanced technological solutions aimed at improving hearing performance and quality of life for individuals with hearing loss.

Alongside its hearing instruments division, Demant offers a comprehensive range of audiological diagnostic tools and hearing care services.