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Is Chf Solutions Incorporated (NASDAQ:CHFS)’s Fuel Running High? Reports Show Less Sellers

December 9, 2017 - By reb123z

 Is Chf Solutions Incorporated (NASDAQ:CHFS)’s Fuel Running High? Reports Show Less Sellers

The stock of Chf Solutions Incorporated (NASDAQ:CHFS) registered a decrease of 26.81% in short interest. CHFS’s total short interest was 104,300 shares in December as published by FINRA. Its down 26.81% from 142,500 shares, reported previously. With 34,200 shares average volume, it will take short sellers 3 days to cover their CHFS’s short positions.

The stock increased 11.00% or $0.34 during the last trading session, reaching $3.43. About 1.24M shares traded or 70.89% up from the average. CHF Solutions, Inc. (NASDAQ:CHFS) has 0.00% since December 9, 2016 and is . It has underperformed by 16.70% the S&P500.

CHF Solutions, Inc., an early-stage medical device company, develops cardiac and coronary disease products primarily in the United States. The company has market cap of $6.17 million. It focused on commercializing the Aquadex FlexFlow system, which is indicated for temporary ultrafiltration treatment of patients with fluid overload who have failed diuretic therapy, and extended ultrafiltration treatment of patients with fluid overload who have failed diuretic therapy and require hospitalization. It currently has negative earnings. The firm was formerly known as Sunshine Heart, Inc. and changed its name to CHF Solutions, Inc. in May 2017.

More notable recent CHF Solutions, Inc. (NASDAQ:CHFS) news were published by: Globenewswire.com which released: “Sunshine Heart Announces Pricing of $8.0 Million Underwritten Public Offering” on April 19, 2017, also Globenewswire.com with their article: “Sunshine Heart Hires Gordon Weber as Vice President, General Counsel” published on May 16, 2017, Streetinsider.com published: “Sunshine Heart (SSH) 1-for-30 Reverse Stock Split Effective Later Today” on January 12, 2017. More interesting news about CHF Solutions, Inc. (NASDAQ:CHFS) were released by: Globenewswire.com and their article: “Sunshine Heart Announces Company Name Change to CHF Solutions, Inc. and New …” published on May 23, 2017 as well as Livetradingnews.com‘s news article titled: “Sunshine Heart Inc (NASDAQ:CHFS) Advanced 337.67%” with publication date: November 16, 2017.

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