Demant A/S Unsponsored ADR (OTCMKTS:WILYY) Short Interest Update

Demant A/S Unsponsored ADR (OTCMKTS:WILYY) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 87 shares, an increase of 141.7% from the April 30th total of 36 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 586 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Separately, Jefferies Financial Group raised Demant A/S from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 18th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Buy”.

Demant A/S Stock Performance

Demant A/S stock opened at $19.65 on Friday. Demant A/S has a twelve month low of $13.45 and a twelve month high of $21.93. The stock’s fifty day simple moving average is $16.33 and its 200-day simple moving average is $16.01. The company has a quick ratio of 1.00, a current ratio of 1.36 and a debt-to-equity ratio of 1.65.

About Demant A/S

Demant A/S is a Denmark-based global hearing health care company specializing in the development, manufacture and distribution of hearing solutions and audiological diagnostic instruments. The company’s flagship brands include Oticon, Bernafon and Sonic, which offer a range of hearing aids designed to address various levels of hearing loss. In addition to personal hearing devices, Demant provides diagnostic equipment such as audiometers and tympanometers, supporting hearing care professionals in accurate assessment and fitting of hearing solutions.

Beyond hearing aids and diagnostics, Demant’s product portfolio extends to hearing implants—cochlear and bone-anchored systems—through its Oticon Medical division.