Audinate Group Limited (OTCMKTS:AUDGF) Short Interest Update

Audinate Group Limited (OTCMKTS:AUDGF) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 313,689 shares, a growth of 24.5% from the December 15th total of 252,027 shares. Based on an average trading volume of 1,265 shares, the short-interest ratio is currently 248.0 days. Based on an average trading volume of 1,265 shares, the short-interest ratio is currently 248.0 days.

Audinate Group Stock Performance

Shares of OTCMKTS:AUDGF opened at $2.30 on Friday. The company’s 50-day moving average price is $2.49 and its 200 day moving average price is $3.35. Audinate Group has a fifty-two week low of $2.15 and a fifty-two week high of $4.90.

About Audinate Group

Audinate Group is a technology company specializing in the development of digital media networking solutions for professional audio, video and control applications. Its flagship technology, Dante (Digital Audio Network Through Ethernet), enables the transmission of high-quality, multi-channel audio over standard Ethernet networks with near-zero latency and sample-accurate synchronization. Audinate offers a suite of software and hardware products, including Dante Controller, Dante Virtual Soundcard and Dante Domain Manager, designed to simplify the configuration, deployment and management of networked audio systems.

The company licenses its Dante technology to original equipment manufacturers in markets such as broadcast, live sound, recording studios, conferencing, education and fixed installations.