Short Interest in Check-Cap Ltd. (NASDAQ:CHEK) Declines By 11.4%

Check-Cap Ltd. (NASDAQ:CHEK – Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 65,600 shares, a decline of 11.4% from the August 15th total of 74,000 shares. Based on an average daily trading volume, of 10,700 shares, the days-to-cover ratio [...]

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Check-Cap Ltd. ( NASDAQ:CHEK – Get Free Report ) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 65,600 shares, a decline of 11.

4% from the August 15th total of 74,000 shares. Based on an average daily trading volume, of 10,700 shares, the days-to-cover ratio is currently 6.1 days.



Currently, 1.5% of the company’s shares are short sold. Check-Cap Stock Down 1.

1 % Shares of NASDAQ CHEK traded down $0.02 on Wednesday, reaching $1.73.

18,718 shares of the company’s stock traded hands, compared to its average volume of 98,681. Check-Cap has a 12 month low of $1.64 and a 12 month high of $4.

63. The business’s 50 day simple moving average is $1.92 and its two-hundred day simple moving average is $2.

11. The company has a market cap of $10.12 million, a price-to-earnings ratio of -0.

58 and a beta of 0.39. Wall Street Analysts Forecast Growth Separately, StockNews.

com started coverage on shares of Check-Cap in a report on Saturday. They issued a “sell” rating on the stock. Check-Cap Company Profile ( Get Free Report ) Check-Cap Ltd.

, a clinical stage medical diagnostics company, engages in the development of a capsule-based screening technology that utilizes ultra-low-dose X-rays to scan the inner lining of the colon for precancerous polyps, and other structural abnormalities in Israel. Its C-Scan system consists of C-Scan Cap, an X-ray scanning capsule for detection of suspected polyps; C-Scan Track, a disposable system attached to the patient's back through biocompatible adhesive skin patches; and C-Scan View software, a client/server-based application that enables procedure data download from the C-Scan Track, data analysis, and report generation. Recommended Stories Five stocks we like better than Check-Cap Are These Liquid Natural Gas Stocks Ready For An Upside Bounce? How Much Can You Make in Stocks in One Month? Using the MarketBeat Dividend Yield Calculator This Is the Top Large-Cap Stock Insiders Are Buying 3 Home Improvement Stocks that Can Upgrade Your Portfolio Capitalize on Micron’s 24% Drop—Wall Street Eyes Major Upside Receive News & Ratings for Check-Cap Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Check-Cap and related companies with MarketBeat.

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