Alpha Tau Medical Ltd. (NASDAQ:DRTSW – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 8,857 shares, an increase of 121.2% from the September 15th total of 4,004 shares. Based on an average trading volume of 46,829 shares, the days-to-cover ratio is currently 0.2 days.
Alpha Tau Medical Stock Performance
Shares of Alpha Tau Medical stock opened at $3.74 on Tuesday. Alpha Tau Medical has a 52-week low of $0.27 and a 52-week high of $4.62. The stock’s 50-day simple moving average is $3.89 and its 200 day simple moving average is $2.71.
Alpha Tau Medical Company Profile
Alpha Tau Medical Ltd. is an Israeli medical-device company focused on developing cancer treatments based on targeted alpha radiation. Its lead technology, Alpha DaRT (Diffusing Alpha-emitters Radiation Therapy), is designed to deliver localized alpha radiation directly into solid tumors while limiting exposure to surrounding healthy tissue.
Alpha DaRT uses implantable sources containing radium-224. As the material decays, it generates short-range alpha particles intended to damage tumor cells.
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