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In August, Nephros, Inc. reported a quarterly loss and increased short interest, leading to a 0.7% stock price decline.
In August, short interest in Nephros, Inc. (NASDAQ: NEPH) rose by 119% to 4,600 shares.
The company reported a quarterly loss of $0.03 per share, falling short of analysts' expectations, with revenue at $3.25 million.
Nephros focuses on water solutions for healthcare, including ultrafiltration products.
Its stock price declined by 0.7% to $1.86, while institutional investors hold 41.1% of the shares.
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En agosto, Nephros, Inc. informó de una pérdida trimestral y aumentó el interés corto, lo que llevó a una caída del 0,7% del precio de las acciones.