K2M experiences 27% decrease in short interest shares — 6 quick facts

K2M shares experienced a decrease in short interest during October 2015, according to Dakota Financial News.

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Here are six quick facts:

 

1. On Oct. 30, the short interest equaled 674,010 shares, a 27.7 percent decrease from the 931,656 shares on Oct. 15, based on a Market Beat report.

 

2. The short-interest ratio is 3.2 days, based on the average daily trading volume of 210,536 shares.

 

3. Of the company’s stock, 2.7 percent is sold short.

 

4. Holding a 50-day moving average of $18.77, K2M has a 200-day moving average of $21.91.

5. K2M’s market cap hits $808.48 million.

 

6. The company’s 12-month low is $16.40 and its 12-month high is $26.29.

 

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