Cogentix Medical Inc (NASDAQ:CGNT) Shorts Rose By 317.76%

April 20, 2018 - By Sarah North

Cogentix Medical, Inc. (NASDAQ:CGNT) Corporate Logo

It was reported an increase on Cogentix Medical Inc (NASDAQ:CGNT)’s shorted shares with 317.76%. In April was issued CGNT’s total 235,200 shorted shares by FINRA. The up change of 317.76% from 56,300 shares was reported. With Average volume 329,500, CGNT’s former position will take 1 days to restore. 1.24% is Cogentix Medical Inc float short.

CGNT reached $3.85 during the last trading session after $0.01 change.Currently Cogentix Medical, Inc. is uptrending after 110.93% change in last April 20, 2017. CGNT has 78,908 shares volume. The stock outperformed the S&P500 by 99.38%.

Cogentix Medical, Inc., a medical device company, designs, develops, makes, and markets fiberoptic and video endoscopy products under the PrimeSight brand worldwide.The firm is valued at $234.56 million. The firm offers endoscopes, such as cystoscopes, laryngoscopes, transnasal esophagoscopes, and bronchoscopes for medical use; and borescopes for industrial use, as well as digital processing units for medical use.Last it reported negative earnings. It also provides EndoSheath Protective Barrier, a sterile, single-use microbial barrier for use with flexible endoscopes.

Cogentix Medical, Inc. (NASDAQ:CGNT) Ratings Coverage

In total 2 analysts cover Cogentix Medical (NASDAQ:CGNT). “Buy” rating has 0, “Sell” are 0, while 2 are “Hold”. 0 are bullish. With $4.75 highest and $3.8500 lowest [Target] Cogentix Medical has $4.30 average [Target] or 11.69% above the current ($3.85) price. 4 are the (NASDAQ:CGNT)’s analyst reports since November 8, 2017 according to StockzIntelligence Inc. In Friday, March 23 report Roth Capital downgraded it to “Hold” rating and $3.8500 target. In Tuesday, March 13 report Aegis Capital downgraded the stock to “Hold” rating. On Wednesday, November 8 the stock of Cogentix Medical, Inc. (NASDAQ:CGNT) has “Buy” rating given by Roth Capital.

Cogentix Medical, Inc. (NASDAQ:CGNT) Analyst Ratings Chart

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