Ascom Holding AG (OTCMKTS:ACMLF) Sees Large Decline in Short Interest

Ascom Holding AG (OTCMKTS:ACMLF) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 35,900 shares, a decrease of 14.7% from the May 31st total of 42,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Ascom Stock Performance

Ascom stock opened at $8.07 on Tuesday. Ascom has a 12 month low of $7.80 and a 12 month high of $8.84. The business has a 50 day simple moving average of $8.19 and a 200-day simple moving average of $7.81.

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.