Tenon Medical, Inc. (NASDAQ:TNONW) Short Interest Update

Tenon Medical, Inc. (NASDAQ:TNONW) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 9,422 shares, an increase of 357.6% from the June 15th total of 2,059 shares. Based on an average daily trading volume, of 75,689 shares, the days-to-cover ratio is currently 0.1 days.

Tenon Medical Stock Performance

NASDAQ TNONW opened at $0.01 on Tuesday. Tenon Medical has a fifty-two week low of $0.01 and a fifty-two week high of $0.03. The business has a 50 day moving average price of $0.01 and a two-hundred day moving average price of $0.01.

Tenon Medical Company Profile

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.