Short Interest in T2 Biosystems, Inc. (NASDAQ:TTOO) Expands By 1,146.7%

T2 Biosystems, Inc. (NASDAQ:TTOO) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 18,700 shares, anincreaseof1,146.7% from the June 30th total of 1,500 shares. Based on an average trading volume of 275,800 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 275,800 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Wall Street Zen started coverage on shares of T2 Biosystems in a research note on Wednesday, May 21st. They set a “sell” rating on the stock.

T2 Biosystems Trading Up 344.4%

TTOO opened at $0.08 on Monday. T2 Biosystems has a fifty-two week low of $0.00 and a fifty-two week high of $4.90. The company’s 50-day moving average price is $0.12 and its 200 day moving average price is $0.14.

About T2 Biosystems

T2 Biosystems, Inc, an in vitro diagnostics company, develops and sells diagnostic products and product candidates in the United States and internationally. Its technology enables detection of pathogens, biomarkers, and other abnormalities in various unpurified patient sample types, including whole blood, plasma, serum, saliva, sputum, cerebral spinal fluid, and urine.