Tenon Medical, Inc. (NASDAQ:TNONW – Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 167,482 shares, a growth of 20,835.2% from the September 30th total of 800 shares. Based on an average daily volume of 200,949 shares, the short-interest ratio is currently 0.8 days.
Tenon Medical Stock Performance
Shares of NASDAQ:TNONW traded down $0.00 during midday trading on Monday, hitting $0.00. 41,502 shares of the stock traded hands, compared to its average volume of 160,152. Tenon Medical has a one year low of $0.00 and a one year high of $0.04. The business’s 50 day moving average is $0.01 and its two-hundred day moving average is $0.01.
Tenon Medical Company Profile
Tenon Medical, Inc is a medical device company focused on developing and commercializing solutions for disorders involving the sacroiliac (SI) joint, which connects the lower spine to the pelvis. The company’s technology is designed to support minimally invasive procedures intended to stabilize and fuse the SI joint in patients with sacroiliac joint dysfunction.
Tenon’s principal product is the Catamaran SIJ Fusion System, an implant and instrument system designed for a transfixing approach to SI joint fusion.
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