HMS Networks AB (publ) (OTCMKTS:HMNKF) Sees Significant Increase in Short Interest

HMS Networks AB (publ) (OTCMKTS:HMNKF) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 82,500 shares, an increase of 7.1% from the September 15th total of 77,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 825.0 days.

HMS Networks AB (publ) Stock Performance

HMNKF remained flat at $40.85 during midday trading on Wednesday. The firm’s fifty day moving average is $41.55 and its two-hundred day moving average is $42.07. HMS Networks AB has a 12-month low of $40.00 and a 12-month high of $40.85.

HMS Networks AB (publ) Company Profile

HMS Networks AB (publ) engages in the provision of products that enable industrial equipment to communicate and share information worldwide. The company offers Anybus Embedded that offers multi-network connectivity with a single development project; Anybus Gateways, a gateway for connecting devices, machines, systems, or networks; Anybus Wireless that allows to connect machines and devices over Bluetooth, Wi-Fi, cellular networks, and industrial Ethernet; and Anybus Diagnostics, which offers tools and services to monitor, analyze, and troubleshoot industrial networks.