Catheter Precision, Inc. (NYSEAMERICAN:VTAK) Sees Large Growth in Short Interest

Catheter Precision, Inc. (NYSEAMERICAN:VTAK) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 126,400 shares, a growth of 54.0% from the January 31st total of 82,100 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 328,300 shares, the days-to-cover ratio is presently 0.4 days.

Catheter Precision Trading Up 0.3 %

Shares of NYSEAMERICAN:VTAK traded up $0.00 during midday trading on Friday, reaching $0.35. 90,851 shares of the company’s stock traded hands, compared to its average volume of 414,827. Catheter Precision has a 1 year low of $0.31 and a 1 year high of $8.40. The company has a current ratio of 0.66, a quick ratio of 0.65 and a debt-to-equity ratio of 0.12.

Hedge Funds Weigh In On Catheter Precision

An institutional investor recently raised its position in Catheter Precision stock. Warberg Asset Management LLC grew its position in Catheter Precision, Inc. (NYSEAMERICAN:VTAK) by 362.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 310,164 shares of the company’s stock after acquiring an additional 243,164 shares during the quarter. Warberg Asset Management LLC owned about 3.51% of Catheter Precision worth $140,000 as of its most recent SEC filing. Institutional investors and hedge funds own 20.34% of the company’s stock.

Catheter Precision Company Profile

Catheter Precision, Inc designs, manufactures, and sells medical technologies for the field of cardiac electrophysiology (EP) in the United States. The company’s lead product is View into Ventricular Onset System, a non-invasive imaging system that offers 3D cardiac mapping to help with localizing the sites of origin of idiopathic ventricular arrhythmias in patients with structurally normal hearts prior to EP procedures.