Short Interest in Arjo AB (publ) (OTCMKTS:ARRJF) Drops By 97.4%

Arjo AB (publ) (OTCMKTS:ARRJF) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totaling 178 shares, a decline of 97.4% from the November 30th total of 6,940 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 0.9 days. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 0.9 days.

Arjo AB (publ) Price Performance

Shares of OTCMKTS:ARRJF remained flat at $3.35 during mid-day trading on Wednesday. The firm’s 50 day moving average is $3.28 and its 200 day moving average is $3.17. Arjo AB has a one year low of $3.27 and a one year high of $3.51.

Arjo AB (publ) Company Profile

Arjo AB (publ) is a Sweden-based medical technology company that develops and markets solutions to enhance patient mobility, hygiene, and well-being in healthcare environments. The company’s product portfolio spans patient handling equipment—such as ceiling lifts, floor-based lifts and support surfaces—designed to reduce the risk of injury to both patients and caregivers. In addition, Arjo offers advanced hygiene systems, therapeutic beds and surfaces, and electronic documentation tools aimed at improving care quality and operational efficiency in hospitals and long-term care facilities.

In the area of prevention, Arjo provides a range of vascular therapy products for reducing the risk of deep vein thrombosis (DVT) and venous thromboembolism (VTE).