Tenon Medical, Inc. (NASDAQ:TNONW) Stock Short Interest Drops 96.9%

Tenon Medical, Inc. (NASDAQ:TNONW – Get Free Report) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 800 shares, a decline of 96.9% from the September 15th total of 25,817 shares. Based on an average trading volume of 355,361 shares, the days-to-cover ratio is currently 0.0 days.

Tenon Medical Price Performance

Shares of TNONW opened at $0.01 on Friday. Tenon Medical has a one year low of $0.00 and a one year high of $0.04. The stock’s fifty day moving average is $0.01 and its 200-day moving average is $0.01.

Tenon Medical Company Profile

(Get Free Report)

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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