InspireMD Inc (NYSEAMERICAN:NSPR) was the target of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 110,307 shares, a decrease of 96.8% from the January 31st total of 3,494,022 shares. Based on an average daily trading volume, of 510,673 shares, the short-interest ratio is presently 0.2 days.
Shares of InspireMD (NSPR) opened at $2.59 on Wednesday. InspireMD has a 1-year low of $0.70 and a 1-year high of $99.05. The stock has a market cap of $4.34, a PE ratio of -0.15 and a beta of 2.09.
InspireMD (NYSEAMERICAN:NSPR) last announced its quarterly earnings data on Wednesday, February 14th. The medical equipment provider reported ($7.38) earnings per share (EPS) for the quarter. InspireMD had a negative net margin of 290.53% and a negative return on equity of 175.74%. The firm had revenue of $0.83 million during the quarter.
InspireMD, Inc is a medical device company. The Company is focusing on the development and commercialization of its MicroNet stent platform technology for the treatment of vascular and coronary disease. Its MicroNet, a micron mesh sleeve, is wrapped over a stent to provide embolic protection in stenting procedures.
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