NYSE · SIHealthcareSurgical Instruments

Shoulder Innovations, Inc. (SI)

$19.82+2.59%
Close Nov 3, 2026 · split-adjusted
Oct 30, 2026$19.13▲ 69.59% in range
Nov 3, 2025Low $11.01 · High $24.25Oct 30, 2026
What changed · written from our data
As of Nov 3, 2026

Shoulder Innovations closed at $19.82 on Nov 3, up 2.59%, 18.3% below its 52-week closing high. Volume of 131.5K shares was 1.47× its 20-day average (above normal).

Split-adjusted performance: +1.1% over one month, +53.4% over six months, +69.1% over one year.

In the quarter ended Jun 30, 2026, revenue was $17.18M, with a net margin of -59.1%.

Short interest was 710.1K shares at the Oct 15 settlement, up 12.7% from the prior report (5.7% of float, 6.3 days to cover).

Market cap$412.6M20.8M shares
Revenue · quarter$17.2M—
Diluted EPS$-0.49—
P/E · TTM—P/S 6.9×
Net margin-59.1%Gross 78.3%
Dividend yieldNone
52-week range11.01 – 24.25−18.3% from high
Volume131.5K1.47× 20-day avg
Volatility · 60d48.3%Annualised
Short % of float5.7%6.4 days to cover
Net cash$84.2MCash $99.0M
Next earnings—Not scheduled
Split-adjusted performance
1W +2.5%1M +1.1%3M −12.3%6M +53.4%YTD +38.6%1Y +69.1%3Y —5Y −87.6%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Surgical Instruments

Percentile among 110 companies (100 = best)

6-month momentum88
Revenue growth—
Net margin29
Value (low P/E)—
Size56

Industry medians: 6-month return −9.7%, revenue growth +8.9%, net margin −8.2%, P/E 28.1×.

Short interest

Details →
Shares short710.1K+12.7% vs prior
Days to cover6.4Settled Oct 15
% of float5.7%
Short vol. 10d65.4%of daily volume

Closest peers by size in Surgical Instruments

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
SIShoulder Innovations$19.82+2.59%+53.4%—−59.1%—$412.6M
NPCENeuropace$12.31−0.24%−27.8%+17.1%−27.2%—$422.5MCompare
CARLCarlsmed$14.40−4.13%+61.4%—−55.5%—$393.2MCompare
SSIISS Innovations International$2.33+0.87%−40.3%+39.4%−19.1%—$467.1MCompare
CERSCerus$2.34−0.85%−9.7%+6.3%−0.9%—$471.6MCompare
RCELAvita Medical$15.33−0.52%+261.6%+17.8%−35.3%—$474.1MCompare
MDXGMiMedx Group$3.25−0.91%−10.7%−45.2%−13.9%—$474.3MCompare
OFIXOrthofix Medical Inc. Common Stock (DE)$8.76+0.11%−29.6%+3.8%−7.5%—$356.8MCompare
ANGOAngioDynamics$11.73−0.26%+7.0%+6.9%−8.8%—$493.3MCompare

News about Shoulder Innovations

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Quick answers

What does Shoulder Innovations do?
Shoulder Innovations Inc is a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market. It currently offers advanced implant systems for shoulder arthroplasty.
What is SI's market cap?
$412.63M, based on the Nov 3 close of $19.82.
Does Shoulder Innovations pay a dividend?
No regular cash dividend has been paid in the last year.
How much of SI is sold short?
710.1K shares, 5.7% of float, as of Oct 15, 2026.
What sector is SI in?
Healthcare, in the Surgical Instruments industry.

About Shoulder Innovations

Shoulder Innovations Inc is a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market. It currently offers advanced implant systems for shoulder arthroplasty. Its products include: InSet Total Shoulder Arthroplasty; InSet Reverse Shoulder Arthroplasty; ProVoyance Shoulder Planning Software; and InSet Tray System. Geographically, the company operates in United States and are planning to expand.

HQ: Grand Rapids, MI75 employeesListed Jul 31, 2025shoulderinnovations.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology