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Short interest in Tenon Medical's stock surged 94.1% in January, despite a "buy" rating.
Tenon Medical, a company that develops surgical implants for severe lower back pain, saw short interest in its stock surge by 94.1% in January, reaching 125,000 shares.
This means 4% of the company's shares are now short sold, with a days-to-cover ratio of 0.2 days.
Despite this, Maxim Group maintained a "buy" rating but lowered its price target from $22.00 to $8.00.
2 months ago
3 Articles