Assure Holdings Corp. (NASDAQ:IONM) Short Interest Update

Assure Holdings Corp. (NASDAQ:IONM) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 353,000 shares, an increase of 120.3% from the May 31st total of 160,200 shares. Based on an average trading volume of 473,700 shares, the short-interest ratio is presently 0.7 days. Approximately 4.8% of the shares of the company are sold short.

Assure Stock Performance

Shares of IONM opened at $0.42 on Friday. The company’s 50 day simple moving average is $0.45 and its 200-day simple moving average is $0.40. Assure has a 12-month low of $0.20 and a 12-month high of $0.99.

Assure (NASDAQ:IONM) last announced its earnings results on Friday, June 7th. The company reported ($0.67) earnings per share (EPS) for the quarter. The firm had revenue of $0.01 million for the quarter.

About Assure

Assure Holdings Corp., through its subsidiaries, provides technical and professional intraoperative neuromonitoring surgical support services in the United States. It offers services in the areas of neurosurgery, spine, cardiovascular, orthopedic, ear, nose, throat, and other surgical procedures. The company delivers various clinical and operational services, including scheduling of the interoperative neurophysiologist and supervising practitioner, real time monitoring, patient advocacy, and billing services to support surgeons and medical facilities during invasive procedures.