Short interest for Trane Technologies gives investors a sense of the degree to which investors are betting on the decline of Trane Technologies's stock. Short interest data is updated every two weeks.

Trane Technologies Stock (NYSE:TT), Short Interest Report

Trane Technologies

Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $18 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 70% of its revenue.

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Intelligent power management company Eaton is helping <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.endurant.com%2Fprojects%2Fconed&amp;esheet=53975992&amp;newsitemid=20240507050261&amp;lan=en-US&amp;anchor=Endurant+Energy&amp;index=1&amp;md5=f3ea92719ea75db8d9ca63ca89ae3f4f">Endurant Energy</a> deploy 10 battery storage projects in New York City. With a combined capacity exceeding 150-megawatt hours (MWh), the energy storage systems will support clean, reliable power and strengthen the electric grid in the Bronx and Staten Island.
This press release features multimedia. View the full release here: <a href="https://www.businesswire.com/news/home/20240507050261/en/">https://www.businesswire.com/news/home/20240507050261/en/</a>
&nbsp;
The clean energy storage projects are designed to provide load relief for buildings and the grid during peak demand hours. The battery storage installations will also help the local utility meet the region's growing demand for electricity without major upgrades to existing electrical substations.
"These important investments in distributed energy storage will optimize New York's electrical grid while supporting reliable power for industrial and commercial energy consumers," said Jason Plane, utility segment manager at Eaton. "We're confident our industry expertise, pioneering technologies and close collaboration with our customers will help successfully reinvent the way New York City distributes electric energy to support a more sustainable and resilient future."
In addition to helping design the energy storage systems, Eaton is providing power system studies and equipment including switchgear, switchboards and transformers to facilitate safe interconnection with the electric grid. Eaton is uniquely positioned to advance the energy transition and electrification with its <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.eaton.com%2Fus%2Fen-us%2Fcompany%2Fnews-insights%2Fenergy-transition%2Feverything-as-a-grid.html&amp;esheet=53975992&amp;newsitemid=20240507050261&amp;lan=en-US&amp;anchor=Everything+as+a+Grid+approach&amp;index=2&amp;md5=108f8d5ef9ec54785fbe5072950b4dd8">Everything as a Grid approach</a>, which enables flexible energy systems and supports more resilient, efficient and affordable electricity.
Learn more about how Eaton is helping utilities and their customers <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.eaton.com%2Futilities&amp;esheet=53975992&amp;newsitemid=20240507050261&amp;lan=en-US&amp;anchor=simplify+the+energy+transition&amp;index=3&amp;md5=b3344aa2c1a8e1a71a271ac36aaffb22">simplify the energy transition</a>.

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Eaton Advances More Resilient, Sustainable Electricity In New York City With Energy Storage Projects Valued At More Than $7M

Benchmark analyst Mark Palmer reiterates Hut 8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUT#NASDAQ">HUT</a>) with a Buy and maintains $12 price target.

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Benchmark Reiterates Buy on Hut 8, Maintains $12 Price Target

Chardan Capital analyst Daniil Gataulin maintains EyePoint Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EYPT#NASDAQ">EYPT</a>) with a Buy and lowers the price target from $39 to $28.

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Chardan Capital Maintains Buy on EyePoint Pharmaceuticals, Lowers Price Target to $28

Sun Country Airlines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNCY#NASDAQ">SNCY</a>) reported quarterly earnings of $0.66 per share which missed the analyst consensus estimate of $0.68 by 2.94 percent. The company reported quarterly sales of $311.000 million which missed the analyst consensus estimate of $316.260 million by 1.66 percent. This is a 5.74 percent increase over sales of $294.115 million the same period last year.

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Sun Country Airlines Earlier Reported Q1 2024 Adj EPS $0.66 Misses $0.68 Estimate, Sales $311.000M Miss $316.260M Estimate

Global Water Resources, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GWRS#NASDAQ">GWRS</a>), a pure-play water resource management company, has entered into an agreement to acquire seven water systems from the City of Tucson's water utility. &nbsp;
The systems are located in and around Pima County where they serve approximately 2,200 customers. Following their acquisition, they would be integrated with existing Global Water utilities in the area.
The addition of the new systems will bring the total number of Global Water customers in Pima County to approximately 7,200, of which 5,000 were added from seven acquisitions completed in Pima County over the past four years. These utilities in Pima County comprise Global Water's second largest service area after the City of Maricopa in terms of customer connections.
The acquisition is anticipated to be completed early next year, subject to approval by the Arizona Corporation Commission.
"This acquisition aligns well with our growth and development strategy for Pima County," stated Global Water COO, Chris Krygier, "and it is a perfect geographic fit to our current service areas. We look forward to serving these communities and being a great community partner."
"We plan to integrate these systems using the same proven approach to consolidation and effective water management implemented for our other recent acquisitions in Pima County," continued Krygier. "We first resolve any outstanding compliance requirements, and then deploy our industry leading best practices around technology, customer service, and operations. We then seek the appropriate rate structure, resulting in both conservation incentives and a fair return on our investments. Our first rate case in the area finished its hearing last month and we are planning to file the Farmers Water rate case this summer."
Global Water plans to modernize the systems with the installation of an advanced metering infrastructure (AMI). This will include upgrading customer connections with smart meters that enable wireless usage metering, similar to the technology Global Water has deployed at more than 95% of its existing water connections.
The AMI deployment will be a key part of the company's planned capital improvements for these areas. The improvements will support higher quality water services and potential customer savings, and further the company's mission of utility consolidation, automation and water resource management for the benefit of Arizona communities.

GWRS

Global Water Resources To Acquire Seven Water Systems From Tucson Water, Adding 2,200 Customer Connections; No Financial Terms Disclosed

Stifel analyst Rick Wise maintains Artivion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AORT#NYSE">AORT</a>) with a Buy and raises the price target from $22 to $25.

AORT

Stifel Maintains Buy on Artivion, Raises Price Target to $25

Alliance Entertainment Holding Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AENT#NASDAQ">AENT</a>), a global distributor and wholesaler specializing in music, movies, video games, electronics, arcades, toys, and collectibles, today announced results of last month's Record Store Day events. Record Store Day (<a href="https://www.globenewswire.com/Tracker?data=jiFBT2A_6RGDm7S7bAvhqZrikl61qf3h6mDQHwHUW4xGMdcZ7OK52hYZ75nFzJO6BRC81xqVElujYObb9D_Fphbdv81jeq9ijX_glRilUyU=">www.recordstoreday.com</a>) is an annual event inaugurated in 2007 and held on one Saturday every April to "celebrate the culture of the independently owned record store‘" and brings together fans, artists, and thousands of independent record stores around the world. As in past years, artists and record labels produce vinyl content pressed exclusively for Record Store Day. These exclusives are distributed to more than 1,500 record stores in the US participating in the event. Now in its 17th year, and haven taken place this year on April 20, 2024, the Record Store Day phenomenon continues to grow. Many attribute the success of Record Store Day to the continued growth and expansion of vinyl records across the music industry with physical vinyl album sales in 2023 surpassing 43 million units. &nbsp;
Alliance Entertainment is the leader in distribution of Record Store Day products to the independent retail community, utilizing our nationwide sales network and state-of-the-art distribution facility located in Shepherdsville, KY. In support of Record Store Day, Alliance Entertainment shipped more than 600,000 units across 400 unique titles to participating retailers. In comparison to Record Store Day 2023, sales increased by more than 30%.
"We are excited to see our hard work rewarded once again during Record Store Day and the positive feedback from the retail community," said Ken Glaser, Alliance Senior Vice President of Sales. With much contribution from Record Store Day product sales, we saw our largest sales month ever. It takes a group effort from all parts of our business to ensure that such a large number of units are received, prepped and shipped in such a short window of time. Our goal is to always ensure timely and accurate shipments to our loyal customer base."
Laura Provenzano, Alliance Senior Vice President of Purchasing, added, "From a supply chain standpoint, this year was even more challenging due to the Taylor Swift and Pearl Jam releases which were virtually concurrent with Record Store Day. It required a tremendous amount of close coordination with our suppliers, and a huge effort on the part of our distribution center to successfully navigate around the volume and unique requirements for each of these projects."
Michael Kurtz, Co-founder of Record Store Day, added, "The combination of April 20th's Record Store Day, the release of Pearl Jam's ‘Dark Matter', and Taylor Swift's ‘The Tortured Poets Department' meant vinyl sales last week enjoyed their highest weekly total sales in our history. The Noah Kahan and Olivia Rodrigo back-to-back 'Stick Season/Lacy‘ single, along with Noah's ‘I Am/I Was' album, and Record Store Day ambassador Paramore's two RSD releases, created the perfect storm for a whole new generation of music fans who flooded the stores, driving this massive celebration, and record sales."
AMPED Distribution, a division of Alliance Entertainment, once again played a large part in this year's Record Store Day, working with its label partners to release 68 unique titles including releases from Ateez (K-Pop Record Store Day Ambassadors), De La Soul, Fleet Foxes, and more. AMPED continues to grow its label and distribution roster, including independent record stores which are helping fuel its growth and impressive repertoire.

AENT

Alliance Entertainment Announces Largest Sales Month For Independent Retail Division Coinciding With 2024 Record Store Day Event, In Comparison To Record Store Day 2023, Sales Increased By More Than 30%

Inozyme Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INZY#NASDAQ">INZY</a>) reported quarterly losses of $(0.38) per share which missed the analyst consensus estimate of $(0.36) by 5.56 percent. This is a 5 percent increase over losses of $(0.40) per share from the same period last year.

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Inozyme Pharma Q1 EPS $(0.38) Misses $(0.36) Estimate

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PTON

Peloton Interactive shares are trading higher following a report suggesting that private equity firms are eyeing the company for a potential buyout.

Japanese multinational consumer electronics and video game company, Nintendo Co., Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NTDOY#OTC">NTDOY</a>), has announced plans to unveil a successor to its popular Switch console during the fiscal year ending March 2025.
What Happened: Nintendo, based in Kyoto, has been prolonging the lifespan of the Switch with successful titles such as &#8220;The Legend of Zelda: Tears of the Kingdom.&#8221; The company projects to sell 13.5 million Switch units in the current fiscal year, capitalizing on the potential of the aging device.
Despite this, Nintendo has withheld further information about the new hardware, stating that no disclosure will be made at its Nintendo Direct presentation in June, Reuters reported on Tuesday.
The announcement of a new model could impact current Switch sales. &#8220;A lot of users will now hold off buying the current Switch as they know that the new model will come out sometime in 2025,&#8221; stated Serkan Toto, founder of Kantan Games consultancy.
See Also: <a href="https://www.benzinga.com/news/24/05/38631050/once-vehicles-for-republican-presidents-to-connect-with-southern-whites-motor-sports-are-shifting-aw?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Once Vehicles For Republican Presidents To Connect With Southern Whites, Motor Sports Are Shifting Away F</a>
In the previous year, Nintendo sold 15.7 million units of the hybrid home-portable device, which was first introduced in March 2017. Despite minor changes to the Switch devices and increasing sales of the OLED model, overall hardware sales have been declining annually.
Why It Matters: Rumors suggest that the upcoming console, <a href="https://www.benzinga.com/general/gaming/24/05/38600866/nintendos-switch-2-rumored-to-enhance-battery-life-with-adjustable-clock-speeds">tentatively named Switch 2 by fans</a>, aims to address one of the original Switch's criticisms: battery life. The Switch 2 may operate at higher clock speeds when docked for better performance, but at lower speeds when undocked to conserve battery life.
Furthermore, Nintendo is also reserving major titles for the successor device, including &#8220;Paper Mario: The Thousand-Year Door&#8221; and &#8220;Luigi&#8217;s Mansion 2&#8221;. The company predicts a 17% drop in software unit sales this year, down to 165 million units.
Additionally, Nintendo <a href="https://www.benzinga.com/general/gaming/24/05/38620122/nintendo-removes-over-8-500-yuzu-emulator-copies-in-dmca-takedown">issued a takedown request </a>for over 8,500 copies of the code of the Yuzu emulator, a tool used to play Nintendo Switch games on other platforms. This action followed the shutdown of Yuzu in March, which occurred after its owners settled a lawsuit with Nintendo for $2.4 million.
Read Next: <a href="https://www.benzinga.com/news/24/05/38542692/tesla-ceo-elon-musk-is-impressed-by-the-fact-that-jeff-bezos-aws-12-month-revenue-is-higher-than-466?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Tesla CEO Elon Musk Is Impressed By The Fact That Jeff Bezos&#8217; AWS 12-Month Revenue Is Higher Than 466 S&amp;P</a>
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General

NTDOY

Nintendo Confirms Next-Gen Gaming Console Set To Debut Within This Fiscal Year

Bitdeer Technologies Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTDR#NASDAQ">BTDR</a>) ("Bitdeer" or the "Company"), a world-leading technology company for blockchain and high-performance computing, today announced its unaudited mining and operations updates for April 2024. &nbsp;
Linghui Kong, Chief Business Officer of Bitdeer, commented, "The month of April marked a period of stable operations for our company as we made steady progress towards our long-term development goals. We mined 265 Bitcoins in total during April, representing an increase of 13.7% from the same period last year and a decline of 9.9% from March 2024. This month-over-month decline was related to the impact of the latest Bitcoin halving event, which occurred on April 19, 2024. Our Gedu datacenter maintained stable operations throughout the month of April, thanks in large part to our power pricing agreement for the site, which has allowed us to operate the site with lower costs and without the need to curtail datacenter activity.
"In terms of infrastructure, the ground leveling work at our Jigmeling datacenter site in Bhutan is progressing as planned. At present, around 70% of the ground leveling work for substation construction has been completed. We have also confirmed with our suppliers the purchase plan for the electrical equipment required for the substation, which is expected to happen in June 2024. In the meantime, we are continuing to promote the development of our AI cloud service and ASIC mining machine projects, which are currently proceeding smoothly."
The Company primarily operates three distinct business lines:
<ul>
<li>Self-mining refers to cryptocurrency mining for the Company's own account, which allows it to directly capture the high appreciation potential of cryptocurrency.</li>
<li>Hash Rate Sharing currently primarily includes Cloud Hash Rate, in which the Company offers hash rate subscription plans and shares mining income with customers under certain arrangements.</li>
<li>Hosting encompasses a one-stop mining machine hosting solution including deployment, maintenance, and management services for efficient cryptocurrency mining.</li>
</ul>
Operations Update
<figure class="table"> 
<table>
<tbody>
<tr>
<td>Metrics</td>
<td>April 2024</td>
<td>March 2024</td>
<td>April 2023</td>
</tr>
<tr>
<td>Total hash rate under management1 (EH/s)</td>
<td>22.3</td>
<td>22.5</td>
<td>18.3</td>
</tr>
<tr>
<td>- Proprietary hash rate2</td>
<td>8.4</td>
<td>8.4</td>
<td>5.6</td>
</tr>
<tr>
<td>• Self-mining</td>
<td>6.7</td>
<td>6.7</td>
<td>4.0</td>
</tr>
<tr>
<td>• Cloud Hash Rate</td>
<td>1.7</td>
<td>1.7</td>
<td>1.6</td>
</tr>
<tr>
<td>- Hosting</td>
<td>13.9</td>
<td>14.1</td>
<td>12.7</td>
</tr>
<tr>
<td>Mining machines under management</td>
<td>224,000</td>
<td>226,000</td>
<td>196,000</td>
</tr>
<tr>
<td>- Self-owned3</td>
<td>86,000</td>
<td>86,000</td>
<td>66,000</td>
</tr>
<tr>
<td>- Hosted</td>
<td>138,000</td>
<td>140,000</td>
<td>130,000</td>
</tr>
<tr>
<td>Aggregate electrical capacity4 (MW)</td>
<td>895</td>
<td>895</td>
<td>795</td>
</tr>
<tr>
<td>Bitcoin mined (self-mining only)5</td>
<td>265</td>
<td>294</td>
<td>233</td>
</tr>
</tbody>
</table>
</figure>
1 Total hash rate under management as of April 30, 2024 across the Company's primary business lines: Self-mining, Cloud Hash Rate, and Hosting.
2 Proprietary hash rate as of April 30, 2024 was 8.4 EH/s, equivalent to proprietary hash rate as of March 31, 2024.
3 Self-owned mining machines are for the Company's self-mining business and Cloud Hash Rate business.
4 Aggregate electrical capacity remained steady, totaling 895MW across six mining datacenters as of April 30, 2024.
5 Bitcoin mined in April 2024 increased by 13.7% compared to April 2023. Bitcoin mined in April 2024 declined by 9.9% compared to March 2024, primarily as a result of the impacts of the Bitcoin "halving" event that occurred in April 2024. Currently, the Company promptly converts the cryptocurrencies it obtains into fiat currency.&nbsp;
Infrastructure Update The Company has continued to make progress in the construction of a 175MW immersion cooling datacenter at its mining facility in Tydal, Norway (the "Tydal Datacenter"). The expansion of the Tydal Datacenter is expected to be completed in mid-2025.
The Company has continued to make progress in the construction of a 221MW datacenter in Ohio, United States (the "Ohio Datacenter"). The land and power resources required for the Ohio Datacenter were secured during 2023. Construction of the Ohio Datacenter is expected to be completed in 2025.
The Company has made progress in the construction of a 500MW datacenter in Jigmeling, Bhutan (the "Jigmeling Datacenter"), which began construction in March 2024. Around 70% of the ground leveling work for the project substation area has been completed to date, and is expected to be fully completed by the end of May 2024. Ground leveling work for the mining datacenter area had commenced as of the beginning of May 2024. The Company has also confirmed its plan to procure the substation's electrical equipment with a supplier, and expects that such equipment will be purchased by June 2024. The Jigmeling Datacenter is expected to be completed in mid-2025.
Manufacturing Update The Company's mining machines project is progressing as planned. As of now, all laboratory testing and preparations for batch production have been completed. The Company will conduct small batch trial production in May and June 2024. The mining machines produced during the trial production will be delivered to the Company's own mining datacenters for stability testing.

BTDR

Bitdeer Announces April 2024 Operations Updates; Bitcoin Mined In April 2024 Increased By 13.7% Compared To April 2023

On Tuesday,&nbsp;United Microelectronics Corporation&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) said its sales in&nbsp;April rose&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/05/b38660310/umc-reports-sales-for-april-2024" rel="noreferrer noopener">6.9% Y/Y to NT$19.741 billion.</a>
Revenues for the period Jan-Apr gained 2.34% to NT$74.373 billion. Total revenues in April gained&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/b38136402/umc-reports-sales-for-march-2024" rel="noreferrer noopener">8.7% from March revenues.&nbsp;&nbsp;</a>
While reporting first-quarter results last month, the company said CAPEX&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/b38398652/umc-reports-first-quarter-2024-results" rel="noreferrer noopener">spending&nbsp;in the quarter&nbsp;totaled $924 million</a>. The&nbsp;2024 cash-based CAPEX budget will be $3.3 billion.
Jason Wang, co-president of UMC, said earlier, &#8220;Looking ahead to the second quarter, we expect to see an increase in wafer shipments as the inventory situation in the computing, consumer, and communication segments improves to a healthier level.&#8221;
&#8220;While we still expect some lingering impact from macro uncertainties and cost headwinds in the near term, we will continue to invest in technology, capacity, and people to ensure UMC is ready to capture the next phase of growth driven by 5G and AI innovations,&#8221; Wang added.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, UMC stock has lost over 0.8% in the past year.&nbsp;
Price Action: UMC shares closed lower by 0.37% to $8.12 on Monday.

United Microelectronics Faces Sales Growth: April Revenues Jump Almost 7%

Atossa Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATOS#NASDAQ">ATOS</a>) ("Atossa" or the "Company") today announced its support of new guidelines released by the U.S. Preventive Services Task Force (USPSTF) recommending that women begin breast cancer screening starting at age 40. Atossa is a clinical stage biopharmaceutical company developing innovative medicines in areas of significant unmet medical need in oncology with a focus on breast cancer. &nbsp;
The updated guidelines recommend women undergo biennial mammography screening beginning at the age of 40 until the age of 74. The change to the recommended age comes in response to rising breast cancer rates among younger women and racial disparities in breast cancer diagnosis and mortality. The announced changes from USPSTF also come in advance of a September 2024 deadline mandated by U.S. FDA requiring mammogram facilities to provide women with detailed information regarding their breast density, as part of routine mammograms. Breast density is a significant independent risk factor for the development of breast cancer and can also decrease the effectiveness of mammograms in detecting cancerous lesions. Atossa Therapeutics recognizes the significance of these improved guidelines in empowering both healthcare providers and patients to make informed decisions regarding breast cancer screening and treatment.
Atossa is currently evaluating its lead asset, (Z)-endoxifen, in five Phase 2 clinical trials. One of those trials, the Karisma-Endoxifen study, is investigating (Z)-endoxifen's ability to reduce mammographic breast density in premenopausal women with measurable density. The trial fully enrolled in November 2023 and data is expected in the second half of 2024. Currently, there are no approved treatments to reduce breast density.
"The new guidelines will undoubtedly improve timely access to patient care and save lives by enabling earlier diagnosis and treatment of breast cancer," said Steven Quay, M.D., Ph.D., Atossa's President and Chief Executive Officer. "However, a bigger opportunity to help women is by developing therapies to prevent breast cancer from ever occurring. Half the women in the world over the age of 40 have dense breast tissue and women with very dense breasts are five-times more likely to get breast cancer than women with fatty breasts. Reducing breast density would not only make mammograms more effective, but more importantly, it could significantly reduce the likelihood that these women ever develop breast cancer."
About (Z)-Endoxifen (Z)-endoxifen is the most potent Selective Estrogen Receptor Modulator (SERM) for estrogen receptor inhibition and also causes estrogen receptor degradation. It has also been shown to have efficacy in the setting of patients with tumor resistance to other hormonal treatments. In addition to its potent anti-estrogen effects, (Z)-endoxifen has been shown to target PKCβ1, a known oncogenic protein, at clinically attainable blood concentrations. Finally, (Z)-endoxifen appears to deliver similar or even greater bone agonistic effects while resulting in little or no endometrial proliferative effects compared with standard treatments, like tamoxifen.
Atossa is developing a proprietary oral formulation of (Z)-endoxifen that does not require liver metabolism to achieve therapeutic concentrations and is encapsulated to bypass the stomach, as acidic conditions in the stomach convert a significant proportion of (Z)-endoxifen to the inactive (E)-endoxifen. Atossa's (Z)-endoxifen has been shown to be well tolerated in Phase 1 studies and in a small Phase 2 study of women with breast cancer. (Z)-endoxifen is currently being studied in four Phase 2 trials: one in healthy women with measurable breast density, one in women diagnosed with ductal carcinoma in situ, and two other studies including the EVANGELINE study in women with ER+/HER2- breast cancer. Atossa's (Z)-endoxifen is protected by three issued U.S. patents and numerous pending patent applications.

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