Myomo Inc (MYO) Short Interest Update

Myomo Inc (NYSEAMERICAN:MYO) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 349,885 shares, a decline of 19.1% from the November 30th total of 432,461 shares. Based on an average daily volume of 2,332,938 shares, the short-interest ratio is currently 0.1 days. Currently, 8.4% of the shares of the stock are short sold.

Shares of Myomo (NYSEAMERICAN:MYO) opened at $4.13 on Thursday. Myomo has a 1 year low of $2.07 and a 1 year high of $23.20. The stock has a market cap of $28.51 and a PE ratio of -0.77.

Separately, HC Wainwright reiterated a “buy” rating on shares of Myomo in a research report on Monday, October 2nd.

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Myomo Company Profile

Myomo, Inc is a United States-based medical device company specializing in myoelectric orthotics for people with neurological disorders. The Company’s products help to restore function in individuals with neuromuscular conditions, such as brachial plexus injury, spinal cord injury, multiple sclerosis and stroke.

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