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

Sharps Technology, Inc. (NASDAQ:STSSW) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 3,700 shares, a drop of 48.6% from the September 15th total of 7,200 shares. Based on an average daily trading volume, of 12,300 shares, the days-to-cover ratio is presently 0.3 days.

Sharps Technology Price Performance

Shares of Sharps Technology stock remained flat at $0.05 on Friday. The firm has a 50-day simple moving average of $0.08 and a 200 day simple moving average of $0.08. Sharps Technology has a 12-month low of $0.00 and a 12-month high of $0.21.

About Sharps Technology

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.