Tenon Medical (TNON) Short Interest Ratio & Short Volume

Short interest is the volume of Tenon Medical shares that have been sold short but have not yet been closed out or covered. As of March 15th, traders have sold 518,500 shares of TNON short. 16.51% of Tenon Medical's shares are currently sold short. Learn More on Tenon Medical's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 16.51% of Tenon Medical's floating shares are currently sold short.

Tenon Medical saw a increase in short interest in March. As of March 15th, there was short interest totaling 518,500 shares, an increase of 212.0% from the previous total of 166,200 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Tenon Medical currently has issued a total of 3,137,000 shares. Some of Tenon Medical's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Tenon Medical currently has a public float of 3,140,000 shares.

16.51% of Tenon Medical's shares are currently sold short. Here is how the short interest of companies in the industry of "medical equipment" compare to Tenon Medical: SeaStar Medical Holding Co. (3.94%), Allurion Technologies Inc. (3.08%), STRATA Skin Sciences, Inc. (0.09%), Lyra Therapeutics, Inc. (3.85%), NeuroMetrix, Inc. (0.10%), Innovative Eyewear, Inc. (3.32%), Inspira Technologies Oxy B.H.N. Ltd. (0.69%), PAVmed Inc. (3.80%), Meihua International Medical Technologies Co., Ltd. (0.19%), Predictive Oncology Inc. (5.57%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($26.28 billion), iShares 20+ Year Treasury Bond ETF ($9.53 billion), MicroStrategy Incorporated ($8.50 billion), Apollo Global Management, Inc. ($4.86 billion), Super Micro Computer, Inc. ($4.85 billion), Charter Communications, Inc. ($4.28 billion), Capital One Financial Co. ($4.08 billion), AppLovin Co. ($3.82 billion), Canadian Natural Resources Limited ($3.78 billion), and Schlumberger Limited ($2.87 billion). View all of the most shorted stocks.

Short selling TNON is an investing strategy that aims to generate trading profit from Tenon Medical as its price is falling. TNON shares are trading up $0.38 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Tenon Medical occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of TNON, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including TNON, twice per month. The most recent reporting period available is March, 15 2025.