Tenon Medical, Inc. (NASDAQ:TNONW – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 25,817 shares, a growth of 122.9% from the August 31st total of 11,583 shares. Based on an average daily volume of 854,482 shares, the days-to-cover ratio is presently 0.0 days.
Tenon Medical Stock Up 8.6%
Shares of NASDAQ TNONW traded up $0.00 during trading on Friday, hitting $0.01. The company had a trading volume of 126,624 shares, compared to its average volume of 144,625. The stock has a 50 day simple moving average of $0.01 and a 200 day simple moving average of $0.01. Tenon Medical has a 12 month low of $0.00 and a 12 month high of $0.04.
Tenon Medical Company Profile
Tenon Medical, Inc is a medical device company focused on developing and commercializing products for the treatment of sacroiliac (SI) joint dysfunction. The SI joint connects the lower spine with the pelvis and can be a source of chronic lower-back and pelvic pain. Tenon’s work is centered on minimally invasive surgical solutions intended to stabilize and fuse the joint.
The company’s principal product is the Catamaran SI Joint Fusion System, an implant system designed to support SI joint fusion procedures.
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