Inspira Technologies OXY B.H.N. Ltd (NASDAQ:QTEX) Short Interest Update

Inspira Technologies OXY B.H.N. Ltd (NASDAQ:QTEXGet Free Report) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 8,218,482 shares, a growth of 910.2% from the May 14th total of 813,529 shares. Based on an average trading volume of 144,629,450 shares, the days-to-cover ratio is presently 0.1 days. Approximately 32.4% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings assumed coverage on Inspira Technologies OXY B.H.N. in a report on Wednesday, May 27th. They set a “sell (e+)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Inspira Technologies OXY B.H.N. presently has an average rating of “Sell”.

View Our Latest Analysis on QTEX

Inspira Technologies OXY B.H.N. Stock Up 6.3%

Shares of QTEX stock traded up $0.09 during trading hours on Thursday, reaching $1.52. The company had a trading volume of 5,314,864 shares, compared to its average volume of 14,248,850. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.30 and a current ratio of 1.56. Inspira Technologies OXY B.H.N. has a 12-month low of $0.28 and a 12-month high of $3.85.

About Inspira Technologies OXY B.H.N.

(Get Free Report)

Inspira Technologies Oxy B.H.N. Ltd., a specialty medical device company, engages in the research, development, manufacture, and marketing of respiratory support technology to provide an alternative to invasive mechanical ventilation (MV) for the treatment of respiratory failure. Its lead product is the augmented respiration technology system (ART), a respiratory support system comprising minimally invasive, portable dual lumen cannula, which is inserted into the jugular vein and utilizes extra-corporeal direct blood oxygenation to elevate and stabilize declining oxygen saturation levels.

Featured Stories

Receive News & Ratings for Inspira Technologies OXY B.H.N. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inspira Technologies OXY B.H.N. and related companies with MarketBeat.com's FREE daily email newsletter.