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EDAP TMS S.A. (NASDAQ:EDAP – Get Free Report) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 164,600 shares, an increase of 141.3% from the August 15th total of 68,200 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 90,500 shares, the days-to-cover ratio is presently 1.8 days. Based on an average daily volume of 90,500 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.4% of the shares of the company are sold short.
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Short Interest in EDAP TMS S.A. (NASDAQ:EDAP) Grows By 141.3%
