Trinity Biotech Faces Rising Short Interest Amid Stock Plunge

Short Interest in Trinity Biotech plc (NASDAQ:TRIB) Surges by 63.5%

Trinity Biotech plc (NASDAQ:TRIB) has seen a substantial increase in short interest during May. As of May 31st, the short interest in Trinity Biotech totalled 12,100 shares, reflecting a significant 63.5% rise from the 7,400 shares recorded on May 15th. Based on an average daily trading volume of 23,700 shares, the short-interest ratio stands at 0.5 days. Approximately 0.2% of the stock's total shares are currently short sold.