Tenon Medical, Inc. (NASDAQ:TNONW – Get Free Report) was the recipient of a large growth in short interest in 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 currently 0.0 days.
Tenon Medical Trading Up 8.6%
TNONW stock traded up $0.00 during midday trading on Friday, reaching $0.01. 126,624 shares of the company’s stock traded hands, compared to its average volume of 144,625. The company has a 50-day moving average price of $0.01 and a two-hundred day moving average price of $0.01. Tenon Medical has a 52 week low of $0.00 and a 52 week 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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