Vivani Medical, Inc. (NASDAQ:VANI – Get Free Report) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 589,100 shares, a drop of 32.4% from the March 31st total of 871,100 shares. Currently, 2.0% of the company’s shares are sold short. Based on an average daily volume of 3,010,000 shares, the days-to-cover ratio is currently 0.2 days.
Vivani Medical Stock Down 3.8 %
Shares of NASDAQ VANI opened at $1.63 on Friday. Vivani Medical has a twelve month low of $0.84 and a twelve month high of $7.80. The business has a fifty day simple moving average of $1.93 and a two-hundred day simple moving average of $1.33.
Vivani Medical (NASDAQ:VANI – Get Free Report) last released its quarterly earnings data on Tuesday, March 26th. The company reported ($0.12) earnings per share for the quarter.
Vivani Medical Company Profile
Vivani Medical, Inc, a clinical stage company, develops various implants that treat chronic diseases with high unmet medical need. It engages in developing a portfolio of miniature drug implants to deliver minimally fluctuating drug profiles; and implantable visual prostheses devices to deliver useful artificial vision to blind individuals.
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