Munters Group AB (publ) (OTCMKTS:MMNNF) Sees Large Drop in Short Interest

Munters Group AB (publ) (OTCMKTS:MMNNF) was the recipient of a large decline in short interest in the month of August. As of August 15th, there was short interest totalling 182,900 shares, a decline of 16.5% from the July 31st total of 219,100 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is presently 261.3 days.

Munters Group AB (publ) Stock Performance

MMNNF stock opened at C$20.13 on Friday. Munters Group AB has a 12-month low of C$13.65 and a 12-month high of C$24.50. The business’s fifty day moving average price is C$22.42 and its 200 day moving average price is C$19.80.

About Munters Group AB (publ)

Munters Group AB (publ) provides climate solutions in Sweden and internationally. The company operates through three segments: AirTech, Data Center Technologies, and FoodTech. It offers air intakes/air inlets, combined temperature and humidity control products, dehumidifiers, heat exchangers, mass transfer solutions and equipment, pollution control and VOC abatements, air cleaners for agriculture, climate and irrigation controllers for agriculture, coolers and humidifiers, fans and light traps, heaters, and mist eliminators.