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InMode Ltd (INMD)

NASDAQ
Currency in USD
Disclaimer
17.01
-0.35(-2.02%)
Real-time Data

INMD Comments

Well the shorts are doing their damage again.  If inmd doesn't find support at the 50 day line, their are two gaps in the chart,  one large at $28.07 - $26.57 and a smaller one at $24.80.  They've had a year to right themselves and yet are still below the 200 day line which is above the 50 day line. Technically , it's not pretty.  Anyone else have any input that's based in objective analysis, something in the fundamentals that I'm missing and not blind faith.
I was wondering the same thing too. I tried to research everywhere and still could not see what are the shorters seeing. Maybe they just hate the industry.
 Most hedge funds just see profits.  They're is roughly 1.8 million shares short interest out of 11.5 million shares float.  That's a good percentage of the float.  Now here I'm only spit balling (guessing) that these hedge funds would like  to loosen up more of the 34 million shares outstanding.  Maybe this part of the medical business; mostly elective cosmetic procedures doesn't  excite the people with the money.
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