SANUWAVE Health, Inc. (OTCMKTS:SNWV) Sees Large Decline in Short Interest

SANUWAVE Health, Inc. (OTCMKTS:SNWV) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 105,400 shares, a decline of 44.8% from the June 30th total of 191,000 shares. Based on an average daily volume of 558,500 shares, the short-interest ratio is presently 0.2 days.

SANUWAVE Health Stock Performance

Shares of SNWV remained flat at $0.02 during trading hours on Friday. The stock had a trading volume of 873,248 shares, compared to its average volume of 331,014. SANUWAVE Health has a 12 month low of $0.00 and a 12 month high of $0.03. The stock has a market capitalization of $17.72 million, a P/E ratio of -1.50 and a beta of 1.08. The business’s fifty day simple moving average is $0.02 and its two-hundred day simple moving average is $0.02.

About SANUWAVE Health

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.