Short Interest of The Day: What Will Happen to Seaspine Holdings Corporation (NASDAQ:SPNE) Next? The Stock Has Increase in Shorts

November 16, 2016 - By Peter Erickson   ·   0 Comments

Short Interest of The Day: What Will Happen to Seaspine Holdings Corporation (NASDAQ:SPNE) Next? The Stock Has Increase in Shorts

The stock of Seaspine Holdings Corporation (NASDAQ:SPNE) registered an increase of 0.36% in short interest. SPNE’s total short interest was 55,900 shares in November as published by FINRA. Its up 0.36% from 55,700 shares, reported previously. With 20,300 shares average volume, it will take short sellers 3 days to cover their SPNE’s short positions. The short interest to Seaspine Holdings Corporation’s float is 1.02%. About 19,110 shares traded hands. SeaSpine Holdings Corp (NASDAQ:SPNE) has declined 47.95% since April 14, 2016 and is downtrending. It has underperformed by 52.64% the S&P500.

SeaSpine Holdings Corporation is a medical technology company. The company has a market cap of $82.93 million. The Firm is focused on the design, development and commercialization of surgical solutions for the treatment of patients suffering from spinal disorders. It currently has negative earnings. The Firm operates through the development, manufacture and marketing of orthobiologics and spinal fusion hardware segment.

SPNE Company Profile

SeaSpine Holdings Corporation, incorporated on February 12, 2015, is a medical technology company. The Firm is focused on the design, development and commercialization of surgical solutions for the treatment of patients suffering from spinal disorders. The Firm operates through the development, manufacture and marketing of orthobiologics and spinal fusion hardware segment. The Firm has a portfolio of orthobiologics and spinal fusion hardware solutions to meet the varying combinations of products that neurosurgeons and orthopedic spine surgeons need to perform fusion procedures in the lumbar, thoracic and cervical spine.

Another recent and important SeaSpine Holdings Corp (NASDAQ:SPNE) news was published by Quotes.Wsj.com which published an article titled: “News SeaSpine Holdings Corp.SPNE” on June 27, 2015.

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By Peter Erickson


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