Driehaus Capital TNDM Position
ExitedDriehaus Capital exited their position in TANDEM DIABETES CARE INC (TNDM) in Q4 2024, after holding the stock for 4 quarters.
The position was first reported in Q1 2024 and has been tracked across 4 quarterly 13F filings.
1 other tracked fund also holds TNDM.
Short interest stands at 21.3% of float with 3.5 days to cover, indicating significant bearish positioning against the stock.
About TANDEM DIABETES CARE INC
Tandem Diabetes Care, Inc., a medical device company, designs, develops, and commercializes various products for people with insulin-dependent diabetes in the United States and internationally. The company's flagship product is the t:slim X2 insulin delivery system, a pump platform that comprises t:slim X2 pump, its 300-unit disposable insulin cartridge, and an infusion set. It also provides t:slim X2 insulin with Basal-IQ and control IQ technology; t:slim X2 with G5 Integration; and Tandem Device Updater, a tool that allows users to update their pump's software. In addition, the company offers t:connect, a web-based data management application, which provides a visual way to display diabetes therapy management data from the pump, continuous glucose monitoring, and supported blood glucose meters for users, their caregivers, and their healthcare providers; and Sugarmate, a mobile app for people with diabetes who use insulin. It has development and commercialization agreements with Dexcom, Inc. and Abbott Laboratories. The company was formerly known as Phluid Inc. and changed its name to Tandem Diabetes Care, Inc. in January 2008. Tandem Diabetes Care, Inc. was incorporated in 2006 and is headquartered in San Diego, California.
Full company profile →Short Interest
21.3%
3.5 days to cover
Driehaus Capital TNDM Position History
Frequently Asked Questions
Does Driehaus Capital own TNDM?
No. Driehaus Capital exited their position in TANDEM DIABETES CARE INC (TNDM) in Q4 2024. They previously held the stock for 4 quarters.
How many hedge funds own TNDM?
1 specialist biotech hedge fund currently holds TNDM, including Deerfield Management. When 3 or more specialist funds hold the same stock, BiotechEdge flags it as a convergence signal.
When did Driehaus Capital first buy TNDM?
Driehaus Capital's position in TNDM was first reported in Q1 2024. 13F filings are reported with a 45-day delay, so the actual purchase may have occurred earlier in the quarter.
Is Driehaus Capital's TNDM position increasing or decreasing?
Driehaus Capital completely exited their TNDM position in the most recent quarter.
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