Senseonics Holdings Inc (SENS) Sees Significant Drop in Short Interest

Senseonics Holdings Inc (NYSE:SENS) saw a significant drop in short interest in August. As of August 31st, there was short interest totalling 3,755,538 shares, a drop of 1.7% from the August 15th total of 3,818,725 shares. Based on an average trading volume of 1,365,241 shares, the days-to-cover ratio is currently 2.8 days. Currently, 8.3% of the company’s stock are sold short.

Shares of Senseonics Holdings (SENS) opened at 3.00 on Wednesday. Senseonics Holdings has a 12 month low of $2.15 and a 12 month high of $4.05. The firm’s market cap is $369.60 million. The firm has a 50-day moving average of $2.99 and a 200 day moving average of $2.42.

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Senseonics Holdings Company Profile

Senseonics Holdings, Inc is a medical technology company. The Company focuses on the design, development and commercialization of glucose monitoring systems. The Company operates through glucose monitoring systems segment. It offers a continuous glucose monitoring (CGM) system, Eversense, which is designed an implantable CGM system designed to continually measure glucose levels in people with diabetes.

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