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Tenon Medical (TNONW) Short Interest Ratio & Short Volume

$0.02
0.00 (0.00%)
(As of 11/1/2024 ET)

Tenon Medical Short Interest Data

Tenon Medical (TNONW) has a short interest of 2,200 shares. This marks a -40.54% decrease in short interest from the previous month. The short interest ratio (days to cover) is 0.6, indicating that it would take 0.6 days of the average trading volume of 35,247 shares to cover all short positions.

Current Short Interest
2,200 shares
Previous Short Interest
3,700 shares
Change Vs. Previous Month
-40.54%
Dollar Volume Sold Short
$88.22
Short Interest Ratio
0.6 Days to Cover
Last Record Date
August 15, 2024
Today's Trading Volume
25,525 shares
Average Trading Volume
35,247 shares
Today's Volume Vs. Average
72%
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TNONW Short Interest Over Time

TNONW Days to Cover Over Time

TNONW Percentage of Float Shorted Over Time

Tenon Medical Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
8/15/20242,200 shares $88.22 -40.5%N/A0.6 $0.04
7/31/20243,700 shares $255.30 -15.9%N/A0.8 $0.07
7/15/20244,400 shares $181.72 -56.4%N/A1 $0.04
6/30/202410,100 shares $503.99 +134.9%N/A3.3 $0.05
6/15/20244,300 shares $241.23 -8.5%N/A0.9 $0.06
5/31/20244,700 shares $297.51 +9.3%N/A0.8 $0.06
5/15/20244,300 shares $197.37 -15.7%N/A0.8 $0.05
4/30/20245,100 shares $153.51 -15.0%N/A1.1 $0.03
4/15/20246,000 shares $300.00 +76.5%N/A1.2 $0.05
3/31/20243,400 shares $199.92 -40.4%N/A0.8 $0.06
3/15/20245,700 shares $393.87 -1.7%N/A1.8 $0.07
2/29/20245,800 shares $289.42 +5.5%N/A1.6 $0.05
2/15/20245,500 shares $345.95 +150.0%N/A1.2 $0.06
1/31/20242,200 shares $64.46 No ChangeN/A0.1 $0.03

TNONW Short Interest - Frequently Asked Questions

What is Tenon Medical's current short interest?

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 August 15th, traders have sold 2,200 shares of TNONW short. Learn More on Tenon Medical's current short interest.

What is a good short interest ratio for Tenon Medical?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. TNONW shares currently have a short interest ratio of 1.0. Learn More on Tenon Medical's short interest ratio.

Is Tenon Medical's short interest increasing or decreasing?

Tenon Medical saw a drop in short interest in the month of August. As of August 15th, there was short interest totaling 2,200 shares, a drop of 40.5% from the previous total of 3,700 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.

How does Tenon Medical's short interest compare to its competitors?

Here is how the short interest of companies in the sector of "medical" compare to Tenon Medical: Abbott Laboratories (0.81%), CONMED Co. (7.98%), AdaptHealth Corp. (12.17%), Artivion, Inc. (7.60%), Delcath Systems, Inc. (4.50%), CVRx, Inc. (19.83%), Cytosorbents Co. (2.48%), Accelerate Diagnostics, Inc. (3.41%), Allurion Technologies Inc. (1.37%), Ainos, Inc. (16.36%),

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.23 billion), Aptiv PLC ($2.50 billion), Royal Caribbean Cruises Ltd. ($2.48 billion), Paychex, Inc. ($2.25 billion), Moderna, Inc. ($2.17 billion), Cencora, Inc. ($2.12 billion), Tractor Supply ($1.93 billion), Onsemi ($1.82 billion), International Paper ($1.81 billion), and Rivian Automotive, Inc. ($1.72 billion). View all of the most shorted stocks.

What does it mean to sell short Tenon Medical stock?

Short selling TNONW is an investing strategy that aims to generate trading profit from Tenon Medical as its price is falling. 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.

How does a short squeeze work against Tenon Medical?

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

How often is Tenon Medical's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including TNONW, twice per month. The most recent reporting period available is August, 15 2024.




This page (NASDAQ:TNONW) was last updated on 11/2/2024 by MarketBeat.com Staff
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