Tenon Medical, Inc. (NASDAQ:TNONW) Short Interest Up 285.7% in September

Tenon Medical, Inc. (NASDAQ:TNONW) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 2,700 shares, a growth of 285.7% from the August 31st total of 700 shares. Based on an average trading volume of 33,400 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 33,400 shares, the short-interest ratio is presently 0.1 days.

Tenon Medical Price Performance

Shares of TNONW stock opened at $0.02 on Friday. The firm has a fifty day moving average of $0.02 and a 200-day moving average of $0.02. Tenon Medical has a 12-month low of $0.01 and a 12-month high of $0.06.

About Tenon Medical

Tenon Medical, Inc, a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sagittal planes of the ilium and sacrum, as well as stabilizes and transfixes the SI joints.