Inspira Technologies OXY B.H.N. Ltd. (NASDAQ:IINN) Short Interest Update

Inspira Technologies OXY B.H.N. Ltd. (NASDAQ:IINN) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 262,537 shares, a growth of 34.0% from the December 15th total of 195,948 shares. Based on an average trading volume of 149,033 shares, the days-to-cover ratio is currently 1.8 days. Based on an average trading volume of 149,033 shares, the days-to-cover ratio is currently 1.8 days.

Analyst Ratings Changes

Several brokerages recently issued reports on IINN. Wall Street Zen raised Inspira Technologies OXY B.H.N. from a “sell” rating to a “hold” rating in a report on Sunday, October 26th. Weiss Ratings restated a “sell (d-)” rating on shares of Inspira Technologies OXY B.H.N. in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $2.00.

Institutional Trading of Inspira Technologies OXY B.H.N.

An institutional investor recently bought a new position in Inspira Technologies OXY B.H.N. stock. Citadel Advisors LLC bought a new stake in Inspira Technologies OXY B.H.N. Ltd. (NASDAQ:IINN) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 82,567 shares of the company’s stock, valued at approximately $105,000. Citadel Advisors LLC owned about 0.65% of Inspira Technologies OXY B.H.N. at the end of the most recent quarter. 12.72% of the stock is owned by hedge funds and other institutional investors.

Inspira Technologies OXY B.H.N. Price Performance

IINN stock traded down $0.01 on Friday, reaching $0.88. The company had a trading volume of 142,520 shares, compared to its average volume of 168,483. The company’s fifty day moving average is $1.00 and its 200 day moving average is $1.13. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.15 and a quick ratio of 0.90. Inspira Technologies OXY B.H.N. has a 1 year low of $0.40 and a 1 year high of $1.65.

Inspira Technologies OXY B.H.N. Company Profile

Inspira Technologies Oxy B.H.N. Ltd., a specialty medical device company, engages in the research, development, manufacture, and marketing of respiratory support technology to provide an alternative to invasive mechanical ventilation for the treatment of acute respiratory failure. Its lead product is the augmented respiration technology system, a respiratory support system comprising minimally invasive, portable dual lumen cannula, which is inserted into the jugular vein and utilizes extra-corporeal direct blood oxygenation to elevate and stabilize declining oxygen saturation levels.