InspireMD Inc (NSPR) Sees Large Decline in Short Interest
InspireMD Inc (NYSEAMERICAN:NSPR) was the recipient of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 738,488 shares, a drop of 6.6% from the November 15th total of 790,344 shares. Based on an average daily volume of 1,848,702 shares, the days-to-cover ratio is currently 0.4 days. Approximately 10.2% of the company’s stock are short sold.
Shares of InspireMD (NSPR) opened at $0.14 on Friday. InspireMD has a 12 month low of $0.12 and a 12 month high of $3.97.
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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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