Chf Solutions Inc (NASDAQ:CHFS) Stock Is Shorted More

April 20, 2018 - By Adrian Mccoy

The stock of Chf Solutions Inc (NASDAQ:CHFS) registered an increase of 51.15% in short interest. CHFS’s total short interest was 422,000 shares in April as published by FINRA. Its up 51.15% from 279,200 shares, reported previously. With 725,400 shares average volume, it will take short sellers 1 days to cover their CHFS’s short positions. The short interest to Chf Solutions Inc’s float is 82.62%.

The stock decreased 1.58% or $0.05 during the last trading session, reaching $3.11. About 41,808 shares traded. CHF Solutions, Inc. (NASDAQ:CHFS) has declined 91.52% since April 20, 2017 and is downtrending. It has underperformed by 103.07% the S&P500.

CHF Solutions, Inc., an early-stage medical device company, develops cardiac and coronary disease products primarily in the United States. The company has market cap of $13.14 million. It focused on commercializing the Aquadex FlexFlow system, which is indicated for temporary ultrafiltration treatment of patients with fluid overload who have failed diuretic therapy, and extended ultrafiltration treatment of patients with fluid overload who have failed diuretic therapy and require hospitalization. It currently has negative earnings. The firm was formerly known as Sunshine Heart, Inc. and changed its name to CHF Solutions, Inc. in May 2017.

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