Audinate Group Limited (OTCMKTS:AUDGF) Short Interest Up 21.0% in July

Audinate Group Limited (OTCMKTS:AUDGF) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totalling 414,200 shares, an increase of 21.0% from the July 15th total of 342,200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 4,142.0 days.

Audinate Group Price Performance

Shares of OTCMKTS AUDGF opened at $10.00 on Friday. The stock’s 50-day simple moving average is $10.12 and its 200-day simple moving average is $11.68. Audinate Group has a fifty-two week low of $9.59 and a fifty-two week high of $14.41.

Audinate Group Company Profile

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.