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Short Interest in Inogen, Inc (NASDAQ:INGN) Expands By 24.2%
Short interest in Inogen, Inc. (NASDAQ:INGN) grew by 24.2% in February, reaching 1,208,558 shares, which represents 4.5% of the company’s stock. Institutional investors hold 89.94% of Inogen’s stock, with some increasing their positions and others establishing new ones. Despite reporting better-than-expected Q4 EPS, the medical technology company faces negative margins and a “Hold” rating from analysts, with shares trading around $6.06.