Short Interest Runner: Is Dariohealth Corporation (NASDAQ:DRIO)’s Fuel Running High? Reports Show Less Sellers

December 1, 2016 - By Dolores Ford   ·   0 Comments

Short Interest Runner: Is Dariohealth Corporation (NASDAQ:DRIO)’s Fuel Running High? Reports Show Less Sellers

The stock of Dariohealth Corporation (NASDAQ:DRIO) registered a decrease of 7.43% in short interest. DRIO’s total short interest was 41,100 shares in December as published by FINRA. Its down 7.43% from 44,400 shares, reported previously. With 55,000 shares average volume, it will take short sellers 1 days to cover their DRIO’s short positions. The short interest to Dariohealth Corporation’s float is 1.06%. About 9,841 shares traded hands. DarioHealth Corp (NASDAQ:DRIO) has declined 44.06% since April 28, 2016 and is downtrending. It has underperformed by 49.98% the S&P500.

DarioHealth Corp, formerly Labstyle Innovations Corp, is a digital health company. The company has a market cap of $17.24 million. The Firm is engaged in developing and commercializing a technology providing clients with laboratory-testing capabilities using smart phones and other mobile devices. It currently has negative earnings. The Company’s product, Dario, also known as Dario Smart Diabetes Management Solution, is a mobile, real-time, cloud-based, diabetes management solution based on a software application combined with a pocket-sized, blood glucose monitoring device, Dario Smart Meter.

DRIO Company Profile

DarioHealth Corp, formerly Labstyle Innovations Corp, incorporated on August 11, 2011, is a digital health (mHealth) company. The Firm is engaged in developing and commercializing a technology providing clients with laboratory-testing capabilities using smart phones and other mobile devices. The Company’s product, Dario, also known as Dario Smart Diabetes Management Solution, is a mobile, real-time, cloud-based, diabetes management solution based on a software application combined with a pocket-sized, blood glucose monitoring device, Dario Smart Meter.

More notable recent DarioHealth Corp (NASDAQ:DRIO) news were published by: Prnewswire.com which released: “DarioHealth to Host Third Quarter 2016 Conference Call on November 11, 2016” on November 07, 2016, also Prnewswire.com with their article: “DarioHealth Reports Third Quarter 2016 Results” published on November 10, 2016, Prnewswire.com published: “DarioHealth Preps for New iPhone” on September 08, 2016. More interesting news about DarioHealth Corp (NASDAQ:DRIO) were released by: Prnewswire.com and their article: “DarioHealth Reports Successful Traction for Dario” published on October 25, 2016 as well as Prnewswire.com‘s news article titled: “DarioHealth Launches New Digital Platform and Online Store in Canada” with publication date: September 27, 2016.

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By Dolores Ford


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