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Tactile Systems Technology, Inc. (NASDAQ:TCMD) Short Interest Update
Technology

Tactile Systems Technology, Inc. (NASDAQ:TCMD) Short Interest Update

Tactile Systems Technology, Inc. (NASDAQ:TCMD - Get Rating) saw a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 957,200 shares, a decrease of 24.0% from the September 15th total of 1,260,000 shares. Currently, 5.0% of the company's stock are sold short. Based on an average trading volume of 239,100 shares, the short-interest ratio is presently 4.0 days. Analysts Set New Price TargetsSeveral research firms have recently commented on TCMD. Oppenheimer dropped their price objective on shares of Tactile Systems Technology from $35.00 to $18.00 and set an "outperform" rating on the stock in a report on Tuesday, August 2nd. StockNews.com assumed coverage on Tactile Systems Technology in a research note on Wednes...