Myomo Inc (NYSEAMERICAN:MYO) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 209,617 shares, a growth of 208.1% from the October 13th total of 68,045 shares. Currently, 4.7% of the shares of the company are short sold. Based on an average trading volume of 74,202 shares, the short-interest ratio is presently 2.8 days.

Shares of Myomo (NYSEAMERICAN:MYO) remained flat at $$6.65 during mid-day trading on Monday. The company had a trading volume of 310,300 shares, compared to its average volume of 290,379. Myomo has a 12 month low of $2.53 and a 12 month high of $23.20.

Separately, HC Wainwright restated a “buy” rating on shares of Myomo in a research report on Monday, October 2nd.

TRADEMARK VIOLATION WARNING: This piece of content was originally reported by Watch List News and is the sole property of of Watch List News. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.watchlistnews.com/myomo-inc-myo-sees-significant-increase-in-short-interest/1701210.html.

Myomo Company Profile

Myomo, Inc is a United States-based medical device company specializing in myoelectric orthotics for people with neurological disorders. The Company’s products help to restore function in individuals with neuromuscular conditions, such as brachial plexus injury, spinal cord injury, multiple sclerosis and stroke.

Receive News & Ratings for Myomo Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Myomo Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.