Short Interest in Corindus Vascular Robotics Inc (CVRS) Rises By 3.9%
Corindus Vascular Robotics Inc (NYSE:CVRS) was the target of a large increase in short interest in September. As of September 29th, there was short interest totalling 10,629,896 shares, an increase of 3.9% from the September 15th total of 10,227,818 shares. Approximately 11.5% of the shares of the stock are short sold. Based on an average trading volume of 500,637 shares, the days-to-cover ratio is currently 21.2 days.
Corindus Vascular Robotics (NYSE CVRS) traded up 2.78% during midday trading on Tuesday, hitting $1.48. 406,279 shares of the stock traded hands. The company’s 50 day moving average is $1.60 and its 200-day moving average is $1.49. The company’s market cap is $277.20 million. Corindus Vascular Robotics has a one year low of $0.40 and a one year high of $2.25.
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Corindus Vascular Robotics Company Profile
Corindus Vascular Robotics, Inc is engaged in robotic-assisted vascular interventions. The Company’s CorPath System is a medical device that brings robotic-assisted precision to radial, coronary and peripheral procedures. The workstation allows the physician greater control and the freedom from wearing heavy lead protective equipment that causes musculoskeletal injuries.
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