Rewalk Robotics Ltd (NASDAQ:RWLK) Short Interest Up 44.8% in February

Rewalk Robotics Ltd (NASDAQ:RWLK) saw a large increase in short interest in February. As of February 15th, there was short interest totalling 4,467,308 shares, an increase of 44.8% from the January 31st total of 3,085,575 shares. Approximately 9.7% of the shares of the stock are short sold. Based on an average trading volume of 8,610,546 shares, the short-interest ratio is presently 0.5 days.

Rewalk Robotics stock opened at $0.23 on Friday. Rewalk Robotics has a 1-year low of $0.16 and a 1-year high of $1.35. The company has a debt-to-equity ratio of 3.59, a current ratio of 2.46 and a quick ratio of 2.04. The company has a market capitalization of $16.84 million, a PE ratio of -0.39 and a beta of 1.88.

Rewalk Robotics (NASDAQ:RWLK) last posted its quarterly earnings results on Friday, February 8th. The medical device company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.14) by $0.04. Rewalk Robotics had a negative net margin of 331.18% and a negative return on equity of 3,654.32%. The business had revenue of $1.58 million during the quarter.

Separately, ValuEngine cut shares of Rewalk Robotics from a “hold” rating to a “sell” rating in a research note on Friday, December 7th.

An institutional investor recently bought a new position in Rewalk Robotics stock. Geode Capital Management LLC acquired a new position in Rewalk Robotics Ltd (NASDAQ:RWLK) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 284,311 shares of the medical device company’s stock, valued at approximately $49,000. Geode Capital Management LLC owned about 0.39% of Rewalk Robotics as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 2.78% of the company’s stock.

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Rewalk Robotics Company Profile

ReWalk Robotics Ltd., a medical device company, designs, develops, and commercializes exoskeletons for wheelchair-bound individuals with mobility impairments or other medical conditions. The company offers ReWalk Personal for everyday use to paraplegic individuals at home and in their communities; and ReWalk Rehabilitation for exercise and therapy used in hospitals and rehabilitation centers in the United States and Europe.

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