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

Sharps Technology, Inc. (NASDAQ:STSSW) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 4,200 shares, an increase of 61.5% from the November 30th total of 2,600 shares. Based on an average daily volume of 28,100 shares, the days-to-cover ratio is presently 0.1 days.

Sharps Technology Stock Down 25.2 %

Shares of STSSW traded down $0.02 during trading hours on Friday, reaching $0.05. 12,186 shares of the company traded hands, compared to its average volume of 30,919. Sharps Technology has a 1-year low of $0.02 and a 1-year high of $0.21. The stock’s fifty day moving average is $0.04 and its 200 day moving average is $0.07.

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.