Audinate Group Limited (OTCMKTS:AUDGF) Sees Large Increase in Short Interest

Audinate Group Limited (OTCMKTS:AUDGF) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 486,200 shares, a growth of 17.6% from the August 31st total of 413,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Audinate Group Price Performance

OTCMKTS:AUDGF remained flat at $6.67 during trading hours on Monday. The firm’s fifty day moving average is $9.91 and its 200 day moving average is $11.06. Audinate Group has a twelve month low of $6.67 and a twelve month 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.