Short Interest in Ascom Holding AG (OTCMKTS:ACMLF) Drops By 61.5%

Ascom Holding AG (OTCMKTS:ACMLF) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 1,000 shares, a decline of 61.5% from the January 31st total of 2,600 shares. Based on an average trading volume of 3,200 shares, the days-to-cover ratio is currently 0.3 days.

Ascom Price Performance

OTCMKTS ACMLF opened at $4.16 on Friday. The company’s 50-day simple moving average is $5.52 and its two-hundred day simple moving average is $6.15. Ascom has a one year low of $3.64 and a one year high of $4.16.

About Ascom

Ascom Holding AG, together with its subsidiaries, provides healthcare ICT and mobile workflow solutions worldwide. The company offers nurse call and monitoring systems, including teleCARE IP that provides wireless nurse call, alerts, messaging, monitoring, and wander management solution; and Telligence, a patient response system.