November 28, 2016 - By Pete Kolinski · 0 Comments
The stock of Capnia Incorporated (NASDAQ:CAPN) registered a decrease of 14.64% in short interest. CAPN’s total short interest was 310,100 shares in November as published by FINRA. Its down 14.64% from 363,300 shares, reported previously. With 25,700 shares average volume, it will take short sellers 12 days to cover their CAPN’s short positions. The short interest to Capnia Incorporated’s float is 4.96%. The stock last traded at $0.97 per share. It is down 21.14% since April 25, 2016 and is downtrending. It has underperformed by 27.15% the S&P500.
Capnia, Inc. is a healthcare company that develops and commercializes diagnostics, devices and therapeutics addressing unmet medical needs. The company has a market cap of $15.13 million. The Firm also has a therapeutics platform based on its technology for precision metering of gas flow. It currently has negative earnings. The Company’s first commercial product, CoSense End-Tidal Carbon Monoxide Monitor, aids in the detection of excessive hemolysis, a condition in which red blood cells degrade rapidly.
Capnia, Inc., incorporated on August 25, 1999, is a healthcare firm that develops and commercializes diagnostics, devices and therapeutics addressing unmet medical needs. The Firm also has a therapeutics platform based on its technology for precision metering of gas flow. The Company’s first commercial product, CoSense End-Tidal Carbon Monoxide (ETCO) Monitor, aids in the detection of excessive hemolysis, a condition in which red blood cells degrade rapidly. The Firm also develops and markets pulmonary resuscitation solutions for the inpatient and ambulatory neonatal markets. The Company, through its subsidiary NeoForce, Inc., offers NeoPip T-piece resuscitator and related consumable, which delivers pre-set inspiratory pressure and positive end-expiratory pressures. The Company’s other products include temperature probes, scales, surgical tables and patient surfaces.
More recent Capnia Inc (NASDAQ:CAPN) news were published by: Globenewswire.com which released: “Capnia Acquires Neonatal Pulmonary Resuscitation Solutions From NeoForce Group …” on September 08, 2015. Also Reuters.com published the news titled: “BRIEF-Capnia Inc reports Q3 loss per share $0.41” on November 14, 2016. Prnewswire.com‘s news article titled: “Capnia, Inc. Announces Closing of Initial Public Offering and Partial Exercise …” with publication date: November 18, 2014 was also an interesting one.
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By Pete Kolinski