Sharps Technology, Inc. (NASDAQ:STSSW) Sees Large Drop in Short Interest

Sharps Technology, Inc. (NASDAQ:STSSW) was the target of a large decrease in short interest in March. As of March 13th, there was short interest totaling 27,021 shares, a decrease of 15.4% from the February 26th total of 31,950 shares. Based on an average daily volume of 12,493 shares, the days-to-cover ratio is presently 2.2 days.

Sharps Technology Stock Down 14.3%

Shares of STSSW opened at $0.04 on Tuesday. Sharps Technology has a twelve month low of $0.01 and a twelve month high of $0.20. The firm’s 50 day moving average price is $0.03 and its two-hundred day moving average price is $0.05.

About Sharps Technology

Sharps Technology, Inc, a medical device company, researches, designs, develops, manufactures, distributes, and sells safety syringe products in the United States. It offers Sharps Provensa, an ultra-low waste space syringe for the administration of various vaccines and injectable medications. Sharps Technology, Inc was incorporated in 2017 and is based in Melville, New York.