Short Interest in Cardiovascular Systems, Inc. (NASDAQ:CSII) Declines By 9.7% - MarketBeat

2022-09-03 23:55:55 By : Mr. Laptop Parts Speed

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Cardiovascular Systems, Inc. (NASDAQ:CSII - Get Rating) saw a significant decrease in short interest in the month of August. As of August 15th, there was short interest totalling 1,310,000 shares, a decrease of 9.7% from the July 31st total of 1,450,000 shares. Based on an average trading volume of 296,800 shares, the days-to-cover ratio is presently 4.4 days. Currently, 3.9% of the shares of the company are sold short. Cardiovascular Systems Price Performance

Shares of NASDAQ CSII traded up $0.20 during trading hours on Wednesday, reaching $13.71. The stock had a trading volume of 396 shares, compared to its average volume of 239,195. The business's fifty day moving average is $15.34 and its two-hundred day moving average is $17.53. The company has a debt-to-equity ratio of 0.08, a quick ratio of 5.19 and a current ratio of 6.05. Cardiovascular Systems has a twelve month low of $13.37 and a twelve month high of $37.58. Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. SG Americas Securities LLC raised its stake in Cardiovascular Systems by 1,004.9% during the fourth quarter. SG Americas Securities LLC now owns 81,766 shares of the medical device company's stock worth $1,536,000 after acquiring an additional 74,366 shares in the last quarter. Victory Capital Management Inc. raised its stake in Cardiovascular Systems by 5.9% during the fourth quarter. Victory Capital Management Inc. now owns 60,406 shares of the medical device company's stock worth $1,134,000 after acquiring an additional 3,375 shares in the last quarter. First Trust Advisors LP raised its stake in Cardiovascular Systems by 27.0% during the fourth quarter. First Trust Advisors LP now owns 15,302 shares of the medical device company's stock worth $287,000 after acquiring an additional 3,250 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in Cardiovascular Systems by 344.6% during the fourth quarter. BNP Paribas Arbitrage SA now owns 171,228 shares of the medical device company's stock worth $3,216,000 after acquiring an additional 132,716 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC acquired a new position in Cardiovascular Systems during the fourth quarter worth $359,000. 91.72% of the stock is currently owned by institutional investors and hedge funds. About Cardiovascular Systems (Get Rating)

Cardiovascular Systems, Inc, a medical device company, develops and commercializes solutions to treat peripheral and coronary artery diseases in the United States and internationally. The company offers peripheral artery disease products, which are catheter-based platforms to treat various plaque types in above and below the knee, including calcified plaque, as well as address various limitations related with surgical, catheter, and pharmacological treatment alternatives; and peripheral support products.See AlsoGet a free copy of the StockNews.com research report on Cardiovascular Systems (CSII)Will The Institutions Buy The Dip In Ambarella Stock? PVH Corporation Is On Track For Capital ReturnsCan Pinterest Rally On Support From Big Investor With Conviction?Chargepoint Rallies, Despite Weaker EarningsIs Cadence Close To A Cup-With-High-Handle Breakout?

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