WOUND MANAGEMENT TECHNOLOGIES INC (OTCMKTS:WNDM) Reports Increase in Sellers; Strong Momentum for Short Players

July 16, 2018 - By Mark Babin

The stock of WOUND MANAGEMENT TECHNOLOGIES INC (OTCMKTS:WNDM) registered an increase of 84.69% in short interest. WNDM’s total short interest was 36,200 shares in July as published by FINRA. Its up 84.69% from 19,600 shares, reported previously. With 568,500 shares average volume, it will take short sellers 0 days to cover their WNDM’s short positions.

The stock increased 3.13% or $0.0025 during the last trading session, reaching $0.0825. About 309,300 shares traded or 43.46% up from the average. WNDM Medical Inc. (OTCMKTS:WNDM) has 0.00% since July 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Wound Management Technologies, Inc., together withs itssubsidiaries, develops, markets, and distributes collagen wound care products to physicians, clinics, and hospitals in the United States. The company has market cap of $19.52 million. The firm offers CellerateRX, a medical device for use on various acute and chronic wounds in gel and powder form. It currently has negative earnings. It also holds patents for a resorbable bone wax and delivery system for orthopedic bone void fillers.

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