Sharps Technology, Inc. (NASDAQ:STSS) Sees Large Growth in Short Interest

Sharps Technology, Inc. (NASDAQ:STSSGet Free Report) saw a large increase in short interest in May. As of May 31st, there was short interest totalling 5,920,000 shares, an increase of 7,049.8% from the May 15th total of 82,800 shares. Based on an average daily trading volume, of 8,510,000 shares, the short-interest ratio is currently 0.7 days. Approximately 28.0% of the company’s stock are sold short.

Sharps Technology Trading Down 4.2 %

NASDAQ:STSS traded down $0.01 during trading hours on Friday, reaching $0.34. 4,263,909 shares of the company traded hands, compared to its average volume of 5,806,452. The business’s 50-day moving average price is $0.29 and its two-hundred day moving average price is $0.34. The stock has a market capitalization of $5.38 million, a P/E ratio of -0.57 and a beta of 1.36. Sharps Technology has a 1 year low of $0.17 and a 1 year high of $0.94.

Sharps Technology (NASDAQ:STSSGet Free Report) last released its quarterly earnings data on Tuesday, May 14th. The company reported ($0.05) earnings per share for the quarter.

Sharps Technology Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Sharps Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sharps Technology and related companies with MarketBeat.com's FREE daily email newsletter.