Short Interest in DarioHealth Corp. (NASDAQ:DRIO) Grows By 5.2%

DarioHealth Corp. (NASDAQ:DRIO) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 2,010,000 shares, an increase of 5.2% from the November 30th total of 1,910,000 shares. Based on an average daily trading volume, of 106,600 shares, the days-to-cover ratio is currently 18.9 days.

DarioHealth Trading Up 0.0 %

DarioHealth stock opened at $0.79 on Thursday. DarioHealth has a one year low of $0.63 and a one year high of $2.60. The stock has a market cap of $26.80 million, a PE ratio of -0.84 and a beta of 1.47. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.32 and a current ratio of 1.57. The stock has a 50-day moving average of $0.80 and a two-hundred day moving average of $0.95.

Institutional Trading of DarioHealth

Several large investors have recently bought and sold shares of DRIO. XTX Topco Ltd lifted its stake in shares of DarioHealth by 81.4% during the third quarter. XTX Topco Ltd now owns 29,455 shares of the company’s stock worth $33,000 after buying an additional 13,219 shares during the period. Appian Way Asset Management LP grew its stake in DarioHealth by 2.5% during the 3rd quarter. Appian Way Asset Management LP now owns 1,410,870 shares of the company’s stock valued at $1,580,000 after purchasing an additional 34,990 shares during the last quarter. Finally, DLK Investment Management LLC raised its stake in shares of DarioHealth by 71.6% in the third quarter. DLK Investment Management LLC now owns 100,550 shares of the company’s stock worth $113,000 after purchasing an additional 41,943 shares during the last quarter. Hedge funds and other institutional investors own 33.39% of the company’s stock.

About DarioHealth

DarioHealth Corp. operates as a digital health company in the United States, Canada, the European Union, Australia, and New Zealand. Its digital therapeutics platform and suite of solutions deliver personalized and dynamic interventions driven by data analytics and one-on-one coaching for diabetes, hypertension, weight management, musculoskeletal pain, and behavioral health.