<div id="readability-page-1"><p>Sharps Technology, Inc. (NASDAQ:STSS - Get Free Report) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 614,624 shares,  an increase of 265.1% from the November 30th total of 168,365 shares. Approximately 2.2% of the shares of the company are short sold. Based on an average daily trading volume, of 258,717 shares, the days-to-cover ratio is currently 2.4 days. Based on an average daily trading volume, of 258,717 shares, the days-to-cover ratio is currently 2.4 days. Approximately 2.2% of the shares of the company are short sold.</p><div><p><span></span><span>Get <strong>Sharps Technology</strong> alerts:</span></p></div><h2>Wall Street Analyst Weigh In</h2><ul><li>3 Penny Stocks Trading Abnormal Volume Today</li></ul><p>Several equities research analysts have recently issued reports on STSS shares. Wall Street Zen lowered shares of Sharps Technology from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research note on Saturday, November 22nd. Weiss Ratings  reaffirmed a &#34;sell (e+)&#34; rating on shares of Sharps Technology in a report on Wednesday, October 8th. One equities research analyst  has rated the stock with a Sell rating,  Based on data from MarketBeat.com, the company presently has a consensus rating of &#34;Sell&#34;.</p><p><b>Read Our Latest Report on STSS</b></p><h2>Institutional Inflows and Outflows</h2><p>A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in  Sharps Technology by 98,825.0% during the 3rd quarter. Bank of America Corp DE now owns 7,914 shares of the company's stock worth $52,000 after purchasing an additional 7,906 shares during the last quarter.  Pantera Capital Partners LP purchased a new position in shares of  Sharps Technology in the third quarter worth about $7,498,000.  Schonfeld Strategic Advisors LLC purchased a new position in shares of  Sharps Technology in the third quarter worth about $9,404,000.  Finally, Anson Funds Management LP boosted its position in  Sharps Technology by 4,763.2% during the first quarter. Anson Funds Management LP now owns 1,800,000 shares of the company's stock worth $54,000 after acquiring an additional 1,762,987 shares during the last quarter. Hedge funds and other institutional investors own  17.17% of the company's stock. </p><h2>Sharps Technology Stock Up 0.8%</h2><p>STSS stock opened at $2.14 on Thursday. Sharps Technology has a 52 week low of $2.01 and a 52 week high of $690.00. The firm has a 50-day simple moving average of $3.44 and a 200-day simple moving average of $5.66. The stock has a market capitalization of $60.30 million, a P/E ratio of 0.00 and a beta of 2.16. </p><p>Sharps Technology (NASDAQ:STSS - Get Free Report) last posted its quarterly earnings data on Friday, November 14th. The company reported ($4.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.01) by ($3.01). The company had revenue of $2.29 million during the quarter, compared to the consensus estimate of $0.35 million. </p><p>Sharps Technology announced that its Board of Directors has approved a stock buyback program on Thursday, October 2nd that permits the company to buyback $100.00 million in    shares. This buyback authorization permits the company to purchase up to 55.5% of its stock  through open market purchases. Stock  buyback programs are typically a sign that the company's board believes its shares are undervalued. </p><h2>Sharps Technology Company Profile</h2> (Get Free Report)<p>Sharps Technology <span>NASDAQ: STSS<span></span></span> is an insurtech company specializing in technology-enabled subrogation recovery services for property and casualty insurers. The company's flagship platform combines process automation, data analytics and digital workflow tools to help carriers and third-party administrators identify, manage and recover funds from liable third parties. By streamlining the subrogation lifecycle—from claim intake through recovery—Sharps delivers greater transparency, faster turnaround times and improved recovery rates for its clients.  </p><p>Since its initial public offering in late 2021, Sharps Technology has focused on expanding its presence across the United States.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Sharps Technology</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Forget AI, This Will Be the Next Big Tech Breakthrough</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Sharps Technology Right Now?</h2><p>Before you consider Sharps Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sharps Technology wasn't on the list.</p><p>While Sharps Technology currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

STSS

<p>Sharps Technology, Inc. (NASDAQ:STSS) experienced a significant increase in short interest in December, rising by 265.1% to 614,624 shares as of December 15th. Approximately 2.2% of the company's shares are short sold. The short-interest ratio is 2.4 days based on an average daily volume of 258,717 shares. Several analysts have rated the stock as 'sell'.</p>

Short Interest in Sharps Technology, Inc. (NASDAQ:STSS) Rises By 265.1%