Tenon Medical, Inc. (NASDAQ:TNONW – Get Free Report) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totaling 800 shares, a decline of 96.9% from the September 15th total of 25,817 shares. Based on an average daily trading volume, of 355,361 shares, the days-to-cover ratio is presently 0.0 days.
Tenon Medical Stock Performance
NASDAQ:TNONW traded down $0.00 on Friday, reaching $0.01. The stock had a trading volume of 1,200 shares, compared to its average volume of 166,310. The company has a 50-day moving average of $0.01 and a 200 day moving average of $0.01. Tenon Medical has a 12-month low of $0.00 and a 12-month high of $0.04.
About Tenon Medical
Tenon Medical, Inc is a medical device company focused on developing and commercializing products for the treatment of sacroiliac (SI) joint dysfunction. The SI joint connects the lower spine with the pelvis and can be a source of chronic lower-back and pelvic pain. Tenon’s work is centered on minimally invasive surgical solutions intended to stabilize and fuse the joint.
The company’s principal product is the Catamaran SI Joint Fusion System, an implant system designed to support SI joint fusion procedures.
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