The stock of Amedica Corporation (NASDAQ:AMDA) registered an increase of 92.34% in short interest. AMDA’s total short interest was 2.32 million shares in September as published by FINRA. Its up 92.34% from 1.21M shares, reported previously. With 8.50M shares average volume, it will take short sellers 0 days to cover their AMDA’s short positions. The short interest to Amedica Corporation’s float is 10.62%. The stock increased 10.75% or $0.1 during the last trading session, hitting $1.03. About 3.75 million shares traded hands. Amedica Corporation (NASDAQ:AMDA) has declined 68.04% since February 8, 2016 and is downtrending. It has underperformed by 84.53% the S&P500.
Amedica Corporation is a commercial biomaterial company. The company has a market cap of $24.80 million. The Firm is a vertically integrated silicon nitride orthopedic medical device manufacturer. It currently has negative earnings. It is focused on using its silicon nitride ceramic technology platform to develop, manufacture and sell a range of medical devices.
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