What’s Ahead for SANUWAVE HEALTH INC (OTCMKTS:SNWV) After Less Shorted Shares?

June 10, 2018 - By Eugene Smith

SANUWAVE Health, Inc. (OTCMKTS:SNWV) Logo

The stock of SANUWAVE HEALTH INC (OTCMKTS:SNWV) registered a decrease of 19.05% in short interest. SNWV’s total short interest was 122,400 shares in June as published by FINRA. Its down 19.05% from 151,200 shares, reported previously. With 550,100 shares average volume, it will take short sellers 0 days to cover their SNWV’s short positions. The short interest to SANUWAVE HEALTH INC’s float is 0.12%.

The stock decreased 2.33% or $0.01 during the last trading session, reaching $0.42. About 13,839 shares traded. SANUWAVE Health, Inc. (OTCMKTS:SNWV) has 0.00% since June 10, 2017 and is . It has underperformed by 12.57% the S&P500.

SANUWAVE Health, Inc., a shock wave technology company, focuses on the development and commercialization of noninvasive, high-energy, and acoustic pressure shockwaves for regenerative medicine and other applications. The company has market cap of $63.58 million. The Company’s shockwaves are used to produce a biological response resulting in the body healing itself through the repair and regeneration of skin, musculoskeletal tissue, and vascular structures. It currently has negative earnings. The companyÂ’s lead product candidate is the dermaPACE device, which has completed its initial Phase III, IDE clinical trial for treating diabetic foot ulcers.

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