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Neovasc Inc. NVCN

Neovasc Inc is a specialty medical device company. It develops, manufactures and markets products for the rapidly growing cardiovascular marketplace. Its products the Neovasc Reducer (Reducer), for the treatment of refractory angina, which is not currently commercially available in the United States and has been commercially available in Europe since 2015, and the Tiara, for the transcatheter treatment of mitral valve disease, which is under clinical investigation in the United States, Canada, Israel and Europe. The company earns revenue from one source, the Reducer.


NDAQ:NVCN - Post by User

Comment by StockWatcher01on Apr 05, 2018 8:21pm
139 Views
Post# 27839988

RE:Fairly Optomistic Here

RE:Fairly Optomistic HereMy understanding is that the past year the company has seen tremendous interest in shorts. Borrowing a large volume decreasing the share value, shaking the tree and weak hands sell and then the shorts cover. It seems to have been consistently happening for the past year or more with the largest short positions happening recently. If you look at the buy and sell volumes, their fairly similar (recently anyways). With the current share price the way it is, it's a day traders paradise which is most likely what we are seeing with such a high amount of volume.
Thats my take anyways
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