GN Store Nord (OTCMKTS:GNNDY) Short Interest Down 50.0% in September

GN Store Nord (OTCMKTS:GNNDY) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 200 shares, a decline of 50.0% from the August 31st total of 400 shares. Based on an average trading volume of 500 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 500 shares, the short-interest ratio is currently 0.4 days.

GN Store Nord Stock Up 2.7%

Shares of GNNDY stock opened at $52.06 on Monday. The firm has a fifty day moving average of $50.91 and a two-hundred day moving average of $46.79. GN Store Nord has a 1-year low of $36.83 and a 1-year high of $64.33. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.14 and a quick ratio of 0.84.

GN Store Nord (OTCMKTS:GNNDY) last announced its quarterly earnings data on Thursday, August 21st. The company reported $0.52 earnings per share (EPS) for the quarter. GN Store Nord had a return on equity of 8.49% and a net margin of 5.19%.The firm had revenue of $632.59 million for the quarter. On average, sell-side analysts anticipate that GN Store Nord will post 4.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of GN Store Nord from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

About GN Store Nord

GN Store Nord A/S provides hearing, audio, video, and gaming solutions in Denmark, rest of Europe, North America, and internationally. The company operates through GN Hearing and GN Audio segments. The GN Hearing segment produces and sells hearing instruments and products. The GN Audio segment supplies headsets, video cameras, and speakerphones for professional use and consumer products.