Corindus Vascular Robotics Inc (NYSE:CVRS) was the target of a large drop in short interest during the month of October. As of October 13th, there was short interest totalling 10,610,826 shares, a drop of 0.2% from the September 29th total of 10,629,896 shares. Approximately 11.7% of the shares of the company are sold short. Based on an average daily trading volume, of 340,331 shares, the days-to-cover ratio is presently 31.2 days.

Corindus Vascular Robotics (NYSE CVRS) opened at 1.11 on Wednesday. The firm’s market capitalization is $207.90 million. Corindus Vascular Robotics has a 1-year low of $0.40 and a 1-year high of $2.25. The company has a 50-day moving average of $1.46 and a 200-day moving average of $1.50.

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About Corindus Vascular Robotics

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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