Could ITAMAR MEDICAL LTD. ORDINARY SHARES ISR (OTCMKTS:ITMMF) Change Direction After More Shorts?

Itamar Medical Ltd. (OTCMKTS:ITMMF) Logo

The stock of ITAMAR MEDICAL LTD. ORDINARY SHARES ISR (OTCMKTS:ITMMF) registered an increase of 1520% in short interest. ITMMF’s total short interest was 8,100 shares in September as published by FINRA. Its up 1520% from 500 shares, reported previously. With 12,000 shares average volume, it will take short sellers 1 days to cover their ITMMF’s short positions.

It closed at $0.27 lastly. It is up 0.00% since September 13, 2018 and is . It has by 0.00% the S&P500.

Itamar Medical Ltd. engages in the research, development, marketing, sale, and leasing of non-invasive medical devices for the diagnosis of cardiological conditions and sleep breathing disorders in the United States, Canada, Europe, Israel, Japan, the Asia Pacific, and internationally. The company has market cap of $81.08 million. The firm offers medical devices based on Peripheral Arterial Tone signal, which measures changes in the patient's peripheral arterial pulse volumes and various parameters of arterial activities. It currently has negative earnings. It provides WatchPAT device, a mobile device for convenient home use in the diagnoses of sleep breathing disorders; and EndoPAT device that diagnoses endothelial dysfunction.

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