On Apr 20, 2018 Check-cap LTD. – Ordinary Share (NASDAQ:CHEK) Shorts Strengthened By 80.91%

April 20, 2018 - By Sarah North

Check-Cap Ltd. (NASDAQ:CHEK) Corporate Logo

It was registered an increase on Check-cap LTD. – Ordinary Share (NASDAQ:CHEK)’s shorted shares with 80.91%. It was announced in April by FINRA the 613,100 shorted shares on CHEK. Previously was reported up change of 80.91% from 338,900 shares. 2 days will cost CHEK With 282,500 average volume to restore its former position. Check-cap LTD. – Ordinary Share float short is 7.06%.

CHEK reached $3.93 during the last trading session after $0.4 change.Check-Cap Ltd. has 59,808 shares volume, 84.53% up from normal. CHEK is downtrending and has moved 76.56% since April 20, 2017. CHEK underperformed by 88.11% the S&P500.

Check-Cap Ltd., a clinical stage medical diagnostics company, engages in the development of an ingestible imaging capsule that utilizes low-dose X-rays for screening of the colon to detect polyps, masses, and colorectal cancers.The firm is valued at $6.33 million. The Company’s C-Scan system consists of C-Scan Cap, an X-ray scanning capsule, which is designed to measure, collect, and transmit structural information; C-Scan Track, a biocompatible unit that is designed to track the capsule and record imaging and positioning data; and C-Scan View, a personal computer software package, which is designed to retrieve and process clinical data from the C-Scan Track, and to reconstruct and produce 3D visualization of the colon's inner surface.Currently it has negative earnings.

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