GN Store Nord (OTCMKTS:GNNDY – Get Free Report) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 493 shares, a growth of 948.9% from the September 15th total of 47 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,599 shares, the short-interest ratio is presently 0.3 days.
Wall Street Analyst Weigh In
Separately, Zacks Research raised shares of GN Store Nord from a “strong sell” rating to a “hold” rating in a report on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.
View Our Latest Analysis on GN Store Nord
GN Store Nord Price Performance
GN Store Nord (OTCMKTS:GNNDY – Get Free Report) last announced its quarterly earnings results on Wednesday, August 19th. The company reported ($0.69) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.28) by ($0.41). The firm had revenue of $337.72 million for the quarter, compared to analyst estimates of $334.16 million. GN Store Nord had a negative net margin of 4.32% and a negative return on equity of 2.44%. Equities analysts forecast that GN Store Nord will post 0.79 EPS for the current fiscal year.
About GN Store Nord
GN Store Nord A/S is a Denmark-based technology company that develops solutions for hearing, audio and communications. The group is headquartered in Ballerup, Denmark, and serves consumers, businesses and hearing-care professionals in markets worldwide.
Through GN Hearing, the company designs and supplies hearing aids, wireless accessories, audiology products and related support services. Its hearing solutions are marketed under brands including ReSound, Beltone and Interton, and are distributed through hearing-care providers, retail channels and other professional networks.
GN Audio develops professional and consumer audio products, including headsets, earbuds, speakerphones and video-conferencing equipment.
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