Retractable Technologies, Inc. (NYSEAMERICAN:RVP) Sees Large Growth in Short Interest

Retractable Technologies, Inc. (NYSEAMERICAN:RVP) saw a significant increase in short interest in May. As of May 31st, there was short interest totalling 164,000 shares, an increase of 71.2% from the April 30th total of 95,800 shares. Currently, 1.8% of the company’s shares are short sold. Based on an average trading volume of 332,500 shares, the days-to-cover ratio is currently 0.5 days.

Shares of Retractable Technologies stock remained flat at $$0.66 during midday trading on Monday. The company had a trading volume of 2,322 shares, compared to its average volume of 201,374. Retractable Technologies has a one year low of $0.54 and a one year high of $1.34.

Retractable Technologies (NYSEAMERICAN:RVP) last announced its earnings results on Wednesday, May 15th. The company reported ($0.01) EPS for the quarter. The company had revenue of $7.93 million during the quarter.

TRADEMARK VIOLATION WARNING: This piece of content was first reported by Markets Daily and is the sole property of of Markets Daily. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark law. The correct version of this piece of content can be read at

About Retractable Technologies

Retractable Technologies, Inc designs, develops, manufactures, and markets safety medical products for the healthcare industry in the United States and internationally. It principally offers VanishPoint safety products comprising tuberculin, insulin, and allergy antigen syringes; autodisable syringes; IV catheters; blood collection tube holders; and blood collection sets, as well as Patient Safe products, including syringes and Luer caps.

Featured Article: How to execute a trade ex-dividend strategy?

Receive News & Ratings for Retractable Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Retractable Technologies and related companies with's FREE daily email newsletter.