Audinate Group Limited (OTCMKTS:AUDGF) Short Interest Down 95.5% in July

Audinate Group Limited (OTCMKTS:AUDGF) was the recipient of a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 26,841 shares, a decline of 95.5% from the June 30th total of 602,911 shares. Based on an average trading volume of 41 shares, the short-interest ratio is presently 654.7 days.

Audinate Group Stock Performance

Shares of OTCMKTS:AUDGF opened at $1.30 on Friday. The business has a 50-day moving average of $1.58 and a two-hundred day moving average of $1.96. Audinate Group has a 12 month low of $1.30 and a 12 month high of $4.82.

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.