Edap Tms S.A. – American Depositary Shares Each R (NASDAQ:EDAP) Shorted Shares Decreased By 19.52%

April 5, 2018 - By Henry Gaston

EDAP TMS S.A. (NASDAQ:EDAP) Logo

The stock of Edap Tms S.A. – American Depositary Shares Each R (NASDAQ:EDAP) registered a decrease of 19.52% in short interest. EDAP’s total short interest was 139,400 shares in April as published by FINRA. Its down 19.52% from 173,200 shares, reported previously. With 60,200 shares average volume, it will take short sellers 2 days to cover their EDAP’s short positions. The short interest to Edap Tms S.A. – American Depositary Shares Each R’s float is 0.48%.

The stock increased 3.98% or $0.09 during the last trading session, reaching $2.35. About 106,921 shares traded or 85.38% up from the average. EDAP TMS S.A. (NASDAQ:EDAP) has declined 8.41% since April 5, 2017 and is downtrending. It has underperformed by 19.96% the S&P500.

EDAP TMS S.A., together with its subsidiaries, develops, produces, markets, distributes, and maintains a portfolio of minimally-invasive medical devices for the treatment of urological diseases worldwide. The company has market cap of $68.15 million. The firm operates in two divisions: High Intensity Focused Ultrasound , and Urology Devices and Services (UDS). It currently has negative earnings. The HIFU division develops, makes, and markets devices for the minimally invasive destruction of various types of localized tumors using HIFU technology.

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