Short Interest in Audinate Group Limited (OTCMKTS:AUDGF) Rises By 11.3%

Audinate Group Limited (OTCMKTS:AUDGF) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 342,200 shares, a growth of 11.3% from the June 30th total of 307,500 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Audinate Group Price Performance

Shares of AUDGF stock remained flat at $10.47 on Monday. The company has a 50 day moving average of $10.46 and a two-hundred day moving average of $11.66. Audinate Group has a 52 week low of $9.59 and a 52 week high of $14.41.

About Audinate Group

Audinate Group Limited develops and sells digital audio visual (AV) networking solutions in Australia and internationally. It provides Dante, a technology platform that distributes digital audio and video signals over computer networks to original equipment manufacturers. The company also offers software products, such as Dante Controller, a real-time network monitoring device; Dante Virtual Soundcard that provides access to various audio devices on the network; Dante Via, a software that delivers multi-channel routing of computer-based audio; Dante Studio; Dante Connect that delivers in-sync audio directly from Dante networks to cloud services; and Dante Domain Manager, as well as Dante AVIO adapter.