Financial

Globus Medical, Inc. (NYSE:GMED) Short Interest Update

Globus Medical, Inc. (NYSE:GMED), A drop of 443,792 shares or 5.3% was seen in the short interest of Globus Medical, Inc.. Even as the interest dropped from 8,321,643 shares on October 15,2015 to 7,877,851 shares on October 30,2015, the days to cover came in at 17. The updated interest stood at 11.5% of the stocks floats. The shares have an average daily volume of 471,927 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on November 10th.

Globus Medical, Inc. (NYSE:GMED) rose 2.14% or 0.56 points on Tuesday and made its way into the gainers of the day. After trading began at $26.16 the stock was seen hitting $26.82 as a peak level and $26.16 as the lowest level. The stock ended up at $26.73. The daily volume was measured at 329,079 shares. The 52-week high of the share price is $28.99 and the 52-week low is $20.48. The company has a market cap of $2,546 million.

Shares of Globus Medical, Inc. rose by 14.92% in the last five trading days and 16.07% for the last 4 weeks. Globus Medical, Inc. is up 1.6% in the last 3-month period. Year-to-Date the stock performance stands at 12.45%.

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