Audinate Group Limited (OTCMKTS:AUDGF) Short Interest Up 15.4% in April

Audinate Group Limited (OTCMKTS:AUDGF) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 61,400 shares, a growth of 15.4% from the March 31st total of 53,200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 614.0 days.

Audinate Group Price Performance

Shares of Audinate Group stock opened at $12.00 on Tuesday. Audinate Group has a 52 week low of $9.59 and a 52 week high of $14.41. The business’s fifty day simple moving average is $13.34 and its 200-day simple moving average is $10.38.

About Audinate Group

Audinate Group Limited develops and sells digital audio visual (AV) networking solutions in Australia and internationally. It provides Dante, a technology platform that distributes digital audio and video signals over computer networks to original equipment manufacturers. The company also offers software products, such as Dante Controller, a real-time network monitoring device; Dante Virtual Soundcard that provides access to various audio devices on the network; Dante Via, a software that delivers multi-channel routing of computer-based audio; Dante Studio; Dante Connect that delivers in-sync audio directly from Dante networks to cloud services; and Dante Domain Manager, as well as Dante AVIO adapter.