Assure Holdings Corp. (NASDAQ:IONM) Sees Significant Increase in Short Interest

Assure Holdings Corp. (NASDAQ:IONMGet Free Report) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 160,200 shares, a growth of 119.8% from the May 15th total of 72,900 shares. Based on an average daily trading volume, of 1,100,000 shares, the short-interest ratio is currently 0.1 days. Approximately 2.2% of the company’s stock are short sold.

Assure Stock Performance

Assure stock traded down $0.05 during midday trading on Friday, hitting $0.26. 960,025 shares of the stock were exchanged, compared to its average volume of 644,617. Assure has a 1 year low of $0.20 and a 1 year high of $1.00. The company has a 50 day moving average price of $0.52 and a two-hundred day moving average price of $0.40.

About Assure

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Assure Holdings Corp., through its subsidiaries, provides technical and professional intraoperative neuromonitoring surgical support services in the United States. It offers services in the areas of neurosurgery, spine, cardiovascular, orthopedic, ear, nose, throat, and other surgical procedures. The company delivers various clinical and operational services, including scheduling of the interoperative neurophysiologist and supervising practitioner, real time monitoring, patient advocacy, and billing services to support surgeons and medical facilities during invasive procedures.

Further Reading

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