ReShape Lifesciences Inc. (NASDAQ:RSLS – Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 2,170,000 shares, a growth of 598.6% from the May 15th total of 310,600 shares. Currently, 10.4% of the shares of the stock are […]
ReShape Lifesciences reported that it gained approval from the United States Patent and Trademark Office for its application entitled, "Intragastric Device (For Treating Obesity)." In the patent filings, the company described the product as a swallowable implant that expands via a balloon in the stomach to induce a feeling of fullness, helping to restrict food intake.