Brainsway

BWAY

BrainsWay (Hebrew: בריינסוויי‎) is an Israeli company with international operations that is engaged in the development of a medical device that uses H-coil for deep transcranial magnetic stimulation (Deep TMS) as a noninvasive treatment for depression. The company was founded in 2003 and has offices in the US and Jerusalem, Israel.

Brainsway has been a target of short sellers for a while. The current short interest of 0.52% is roughly at the average of the last 12 months (0.29%).