InspireMD Inc (NSPR) Sees Large Growth in Short Interest
InspireMD Inc (NYSEAMERICAN:NSPR) was the recipient of a large growth in short interest during the month of December. As of December 29th, there was short interest totalling 1,460,082 shares, a growth of 1.7% from the December 15th total of 1,435,388 shares. Based on an average daily volume of 3,577,806 shares, the days-to-cover ratio is currently 0.4 days. Currently, 3.2% of the company’s stock are short sold.
InspireMD (NYSEAMERICAN:NSPR) traded up $0.08 during trading hours on Wednesday, hitting $0.28. The company’s stock had a trading volume of 76,570,797 shares, compared to its average volume of 27,078,766. The firm has a market cap of $0.98, a price-to-earnings ratio of -0.16 and a beta of 1.24. InspireMD has a 52-week low of $0.02 and a 52-week high of $3.97.
InspireMD Company Profile
InspireMD, Inc is a medical device company. The Company is focusing on the development and commercialization of its MicroNet stent platform technology for the treatment of vascular and coronary disease. Its MicroNet, a micron mesh sleeve, is wrapped over a stent to provide embolic protection in stenting procedures.
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