Sharps Technology, Inc. (NASDAQ:STSSW) Sees Significant Increase in Short Interest

Sharps Technology, Inc. (NASDAQ:STSSW) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 6,600 shares, an increase of 144.4% from the October 31st total of 2,700 shares. Based on an average daily trading volume, of 13,200 shares, the days-to-cover ratio is currently 0.5 days.

Sharps Technology Stock Performance

Shares of NASDAQ:STSSW remained flat at $0.03 during trading hours on Thursday. 125,273 shares of the company’s stock were exchanged, compared to its average volume of 28,644. Sharps Technology has a 52 week low of $0.03 and a 52 week high of $0.21. The business’s 50-day moving average is $0.05 and its 200 day moving average is $0.07.

Sharps Technology Company Profile

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.