Vivani Medical, Inc. (NASDAQ:VANI – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 1,484,600 shares, a growth of 72.0% from the May 31st total of 862,900 shares. Approximately 5.0% of the shares of the stock are short sold. Based on an average trading volume of 392,500 shares, the short-interest ratio is currently 3.8 days.
Vivani Medical Trading Down 0.8 %
Shares of VANI stock traded down $0.01 during trading hours on Friday, hitting $1.26. 27,746 shares of the company’s stock were exchanged, compared to its average volume of 1,753,980. Vivani Medical has a 12-month low of $0.84 and a 12-month high of $7.80. The business’s 50 day simple moving average is $1.64 and its 200-day simple moving average is $1.52.
Vivani Medical (NASDAQ:VANI – Get Free Report) last released its earnings results on Monday, May 13th. The company reported ($0.12) EPS for the quarter.
About Vivani Medical
Vivani Medical, Inc, a clinical stage company, develops various implants that treat chronic diseases with high unmet medical need. It engages in developing a portfolio of miniature drug implants to deliver minimally fluctuating drug profiles; and implantable visual prostheses devices to deliver useful artificial vision to blind individuals.
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