Short Interest in SANUWAVE Health, Inc. (OTCMKTS:SNWV) Decreases By 21.6%

SANUWAVE Health, Inc. (OTCMKTS:SNWV) was the target of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 42,900 shares, a drop of 21.6% from the January 31st total of 54,700 shares. Based on an average trading volume of 12,400 shares, the short-interest ratio is currently 3.5 days.

SANUWAVE Health Trading Up 2.9 %

Shares of SNWV stock traded up $0.75 during trading hours on Tuesday, reaching $27.00. The company’s stock had a trading volume of 19,991 shares, compared to its average volume of 8,572. SANUWAVE Health has a one year low of $4.28 and a one year high of $29.19. The stock has a market capitalization of $230.74 million, a P/E ratio of 3.24 and a beta of 1.23. The firm’s fifty day simple moving average is $26.05 and its 200 day simple moving average is $18.37.

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.