Short Interest in Sharps Technology, Inc. (NASDAQ:STSS) Drops By 97.0%

Sharps Technology, Inc. (NASDAQ:STSSGet Free Report) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 43,600 shares, a drop of 97.0% from the September 30th total of 1,460,000 shares. Currently, 3.5% of the company’s stock are short sold. Based on an average daily volume of 122,400 shares, the days-to-cover ratio is presently 0.4 days.

Sharps Technology Price Performance

STSS opened at $2.73 on Friday. The company has a market capitalization of $3.54 million, a PE ratio of -0.26 and a beta of 1.17. Sharps Technology has a 52 week low of $2.34 and a 52 week high of $18.15.

Sharps Technology (NASDAQ:STSSGet Free Report) last released its earnings results on Wednesday, August 14th. The company reported ($2.20) EPS for the quarter.

About Sharps Technology

(Get Free Report)

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.

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