Tenon Medical, Inc. (NASDAQ:TNONW) Short Interest Down 56.4% in July

Tenon Medical, Inc. (NASDAQ:TNONW) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totalling 4,400 shares, a decrease of 56.4% from the June 30th total of 10,100 shares. Based on an average daily volume of 4,300 shares, the days-to-cover ratio is currently 1.0 days.

Tenon Medical Stock Up 24.4 %

Tenon Medical stock traded up $0.01 during midday trading on Friday, hitting $0.05. The stock had a trading volume of 1,121 shares, compared to its average volume of 7,300. The business has a fifty day moving average price of $0.06 and a 200 day moving average price of $0.05. Tenon Medical has a 12 month low of $0.01 and a 12 month high of $0.22.

Tenon Medical Company Profile

Tenon Medical, Inc, a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sagittal planes of the ilium and sacrum, as well as stabilizes and transfixes the SI joints.