Tenon Medical, Inc. (NASDAQ:TNONW) Sees Large Growth in Short Interest

Tenon Medical, Inc. (NASDAQ:TNONW) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 18,551 shares, an increase of 108.0% from the July 15th total of 8,919 shares. Based on an average daily volume of 26,099 shares, the short-interest ratio is presently 0.7 days.

Tenon Medical Price Performance

Shares of NASDAQ:TNONW remained flat at $0.01 during midday trading on Friday. Tenon Medical has a fifty-two week low of $0.00 and a fifty-two week high of $0.03. The stock has a 50 day moving average of $0.01 and a 200-day moving average of $0.01.

About Tenon Medical

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. Tenon Medical, Inc was incorporated in 2012 and is headquartered in Los Gatos, California.