Tenon Medical, Inc. (NASDAQ:TNONW – Get Free Report) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 800 shares, a drop of 96.9% from the September 15th total of 25,817 shares. Based on an average daily volume of 355,361 shares, the days-to-cover ratio is presently 0.0 days.
Tenon Medical Trading Down 1.0%
Shares of NASDAQ:TNONW traded down $0.00 during trading on Friday, reaching $0.01. The stock had a trading volume of 1,200 shares, compared to its average volume of 166,310. Tenon Medical has a 52 week low of $0.00 and a 52 week high of $0.04. The firm’s fifty day moving average is $0.01 and its 200 day moving average is $0.01.
About Tenon Medical
Tenon Medical, Inc is a medical device company focused on developing and commercializing products for the treatment of sacroiliac (SI) joint dysfunction. The SI joint connects the lower spine with the pelvis and can be a source of chronic lower-back and pelvic pain. Tenon’s work is centered on minimally invasive surgical solutions intended to stabilize and fuse the joint.
The company’s principal product is the Catamaran SI Joint Fusion System, an implant system designed to support SI joint fusion procedures.
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