SANUWAVE Health, Inc. (OTCMKTS:SNWV) Sees Significant Growth in Short Interest

SANUWAVE Health, Inc. (OTCMKTS:SNWV) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 72,300 shares, a growth of 22.3% from the December 31st total of 59,100 shares. Based on an average daily volume of 19,500 shares, the days-to-cover ratio is presently 3.7 days.

SANUWAVE Health Stock Performance

SNWV opened at $27.70 on Monday. The firm’s fifty day moving average is $23.83 and its two-hundred day moving average is $15.22. The firm has a market cap of $236.56 million, a PE ratio of 3.33 and a beta of 1.23. SANUWAVE Health has a twelve month low of $4.28 and a twelve month high of $29.19.

SANUWAVE Health Company Profile

SANUWAVE Health, Inc, a shock wave technology company, researches, develops, and commercializes noninvasive, high-energy, and acoustic shock waves for regenerative medicine and other applications in the United States and internationally. Its shockwaves are used to produce a biological response resulting in the body healing itself through the repair and regeneration of tissue, musculoskeletal, and vascular structures.