IceCure Medical Ltd (NASDAQ:ICCM – Get Free Report) was the target of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 598,100 shares, a drop of 22.7% from the February 13th total of 773,300 shares. Currently, 2.1% of the shares of the company are sold short. Based on an average trading volume of 385,300 shares, the days-to-cover ratio is presently 1.6 days.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright reissued a “buy” rating and issued a $2.50 target price on shares of IceCure Medical in a report on Wednesday, November 27th.
Check Out Our Latest Stock Analysis on IceCure Medical
IceCure Medical Price Performance
Hedge Funds Weigh In On IceCure Medical
A hedge fund recently raised its stake in IceCure Medical stock. Geode Capital Management LLC grew its stake in IceCure Medical Ltd (NASDAQ:ICCM – Free Report) by 58.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 40,453 shares of the company’s stock after purchasing an additional 14,893 shares during the period. Geode Capital Management LLC owned about 0.07% of IceCure Medical worth $44,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 0.62% of the company’s stock.
About IceCure Medical
IceCure Medical Ltd, a commercial stage medical device company, engages in the research, development, and marketing of cryoablation systems, disposables, and technologies for treating tumors. The company offers ProSense system, a single probe system for the treatment of tumors, as well as associated disposables; and IceSense3 system for ablation indications to urology, oncology, dermatology, gynecology, general surgery, thoracic surgery, and proctology.
Featured Stories
- Five stocks we like better than IceCure Medical
- What is Forex and How Does it Work?
- The “Quality” Rotation: Back to Basics Investing
- What is a Special Dividend?
- Occidental Petroleum: 4 Reasons to Love These Prices
- How to Most Effectively Use the MarketBeat Earnings Screener
- Super Micro’s International Presence Makes It a Winning Stock
Receive News & Ratings for IceCure Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IceCure Medical and related companies with MarketBeat.com's FREE daily email newsletter.