Embecta Corp. Common Stock
Market Cap
210M
Short interest (May 15)
12.0%
Net Short (Jun 03 ): 0.2%
Borrow Fee
0.34%
↑ 26.3%
Available Shares
2M
↑ 10.7%
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Company Overview
Embecta Corp is a medical device company focused on providing solutions to improve the health and well-being of people living with diabetes. It has a broad portfolio of marketed products, including various pen needles, syringes, and safety devices, which are complemented by a proprietary digital application designed to assist people with managing their diabetes. The company predominantly sells products to wholesalers and distributors that sell to retail and institutional channels who in turn sell to patients or use the products to deliver insulin injections to patients. It also provides contract manufacturing services. Geographically, the company derives a majority of its revenue from the United States.
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