Breaking Short Interest: What’s Ahead for CARDIOGENICS HOLDING (OTCMKTS:CGNH) After More Shorted Shares?

November 29, 2016 - By Marguerite Chambers   ·   0 Comments

Breaking Short Interest: What’s Ahead for CARDIOGENICS HOLDING (OTCMKTS:CGNH) After More Shorted Shares?

The stock of CARDIOGENICS HOLDING (OTCMKTS:CGNH) registered an increase of 330% in short interest. CGNH’s total short interest was 4,300 shares in November as published by FINRA. Its up 330% from 1,000 shares, reported previously. The stock last traded at $0.0035 per share. It is down 6.00% since October 30, 2016 and is uptrending. It has outperformed by 0.74% the S&P500.

CardioGenics Holdings Inc. is engaged in business of development of products targeting the immunoassay segment of the point-of-care in vitro diagnostic testing market. The company has a market cap of $336,180. The Firm is engaged in development of technology and products, which include The QL Care Analyzer (QLCA), Cardiovascular Tests and Paramagnetic beads. It currently has negative earnings. The QLCA is a point-of-care (POC) immunoassay analyzer.

CGNH Company Profile

CardioGenics Holdings Inc., incorporated on December 16, 1997, is engaged in business of development of products targeting the immunoassay segment of the point-of-care in vitro diagnostic (IVD) testing market. The Firm is engaged in development of technology and products, which include The QL Care Analyzer (QLCA), Cardiovascular Tests and Paramagnetic beads.

More notable recent CardioGenics Holdings Inc (OTCMKTS:CGNH) news were published by: Marketwired.com which released: “CardioGenics Enters Into Asset Purchase Agreement to Acquire All Assets of …” on November 04, 2015, also Globenewswire.com with their article: “CardioGenics Announces Appointment of New Director” published on January 12, 2015, Digitaljournal.com published: “A.C. SIMMONDS AND SONS ACQUIRES POSITION IN CARDIOGENICS HOLDINGS INC.” on November 17, 2015. More interesting news about CardioGenics Holdings Inc (OTCMKTS:CGNH) were released by: Businesswire.com and their article: “Cardiac Markers Market Report 2016: Review the Progression of Cardiac …” published on August 22, 2016 as well as Prnewswire.com‘s news article titled: “Proteomics Markets for Research and IVD Applications (Mass Spectrometry …” with publication date: September 23, 2014.

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By Marguerite Chambers


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