Senseonics Holdings Inc (SENS) Short Interest Up 6.2% in December

Senseonics Holdings Inc (NYSEAMERICAN:SENS) was the target of a large increase in short interest in December. As of December 15th, there was short interest totalling 4,088,887 shares, an increase of 6.2% from the November 30th total of 3,851,216 shares. Based on an average daily volume of 371,087 shares, the short-interest ratio is currently 11.0 days. Approximately 8.4% of the company’s stock are short sold.

Senseonics (NYSEAMERICAN:SENS) opened at $2.66 on Monday. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.93 and a quick ratio of 2.81. Senseonics has a 52-week low of $1.26 and a 52-week high of $3.67. The stock has a market cap of $363.77 and a PE ratio of -5.32.

Senseonics (NYSEAMERICAN:SENS) last posted its quarterly earnings results on Tuesday, October 31st. The company reported ($0.13) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.13). Senseonics had a negative net margin of 828.76% and a negative return on equity of 406.72%. The company had revenue of $2.10 million for the quarter, compared to the consensus estimate of $1.51 million. Senseonics’s revenue was up 425.0% on a year-over-year basis. research analysts anticipate that Senseonics will post -0.54 earnings per share for the current year.

Separately, Canaccord Genuity reissued a “buy” rating on shares of Senseonics in a report on Wednesday, November 1st.

In related news, major shareholder Peter J. Barris sold 139,645 shares of the firm’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $2.63, for a total transaction of $367,266.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 34.10% of the stock is currently owned by company insiders.

Several institutional investors have recently bought and sold shares of SENS. Renaissance Technologies LLC bought a new position in shares of Senseonics in the 1st quarter worth about $111,000. Bank of New York Mellon Corp bought a new position in shares of Senseonics in the 3rd quarter worth about $116,000. Susquehanna International Group LLP bought a new position in shares of Senseonics in the 2nd quarter worth about $155,000. Perceptive Advisors LLC bought a new position in shares of Senseonics in the 3rd quarter worth about $160,000. Finally, Citadel Advisors LLC bought a new position in shares of Senseonics in the 3rd quarter worth about $194,000. Institutional investors own 30.66% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this news story on another domain, it was stolen and republished in violation of United States and international copyright & trademark laws. The correct version of this news story can be viewed at https://www.chaffeybreeze.com/2018/01/01/senseonics-holdings-inc-sens-short-interest-up-6-2-in-december.html.

About Senseonics

Senseonics Holdings, Inc is a medical technology company. The Company focuses on the design, development and commercialization of glucose monitoring systems. The Company operates through glucose monitoring systems segment. It offers a continuous glucose monitoring (CGM) system, Eversense, which is designed an implantable CGM system designed to continually measure glucose levels in people with diabetes.

Receive News & Ratings for Senseonics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Senseonics and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply