G Medical Innovations Holdings Ltd (NASDAQ:GMVD – Get Rating) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 257,600 shares, an increase of 205.6% from the August 31st total of 84,300 shares. Based on an average trading volume of 1,050,000 shares, the short-interest ratio is presently 0.2 days. Currently, 0.4% of the shares of the stock are sold short.

Institutional Trading of G Medical Innovations

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Regal Partners Ltd purchased a new stake in shares of G Medical Innovations during the second quarter worth about $322,000. Goldman Sachs Group Inc. purchased a new stake in shares of G Medical Innovations during the second quarter worth about $40,000. Virtu Financial LLC purchased a new stake in shares of G Medical Innovations during the first quarter worth about $35,000. Finally, Tradewinds Capital Management LLC increased its stake in shares of G Medical Innovations by 143.7% during the first quarter. Tradewinds Capital Management LLC now owns 48,730 shares of the company's stock worth $62,000 after purchasing an additional 28,730 shares in the last quarter.

G Medical Innovations Stock Performance

Shares of G Medical Innovations stock opened at $0.22 on Wednesday. The firm has a 50-day simple moving average of $0.35 and a two-hundred day simple moving average of $0.77. G Medical Innovations has a fifty-two week low of $0.21 and a fifty-two week high of $6.74.

About G Medical Innovations

G Medical Innovations Holdings Ltd, together with its subsidiaries, an early commercial stage healthcare company, engages in the development of next generation mobile health and telemedicine solutions in the United States, China, and Israel. The company's products include Prizma, a plug-and-play medical device that measures vital signs with electronic medical records functionality and clinical grade reporting standards; and Extended Holter Patch System, a multi-channel patient-worn biosensor that captures electrocardiogram data continuously for up to 14 days.

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