Tenon Medical, Inc. (NASDAQ:TNONW) Short Interest Update

Tenon Medical, Inc. (NASDAQ:TNONW) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 18,551 shares, an increase of 108.0% from the July 15th total of 8,919 shares. Based on an average trading volume of 26,099 shares, the short-interest ratio is currently 0.7 days.

Tenon Medical Stock Performance

Tenon Medical stock remained flat at $0.01 during mid-day trading on Friday. The company has a fifty day simple moving average of $0.01 and a two-hundred day simple moving average of $0.01. Tenon Medical has a twelve month low of $0.00 and a twelve month high of $0.03.

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. Tenon Medical, Inc was incorporated in 2012 and is headquartered in Los Gatos, California.