SeaStar Medical Holding Co. (NASDAQ:ICUCW) Sees Large Increase in Short Interest

SeaStar Medical Holding Co. (NASDAQ:ICUCW) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 22,200 shares, an increase of 593.8% from the June 15th total of 3,200 shares. Based on an average daily volume of 142,100 shares, the short-interest ratio is currently 0.2 days.

SeaStar Medical Price Performance

SeaStar Medical stock traded down $0.02 during mid-day trading on Thursday, reaching $0.07. The company had a trading volume of 259,313 shares, compared to its average volume of 175,402. The company has a 50 day moving average of $0.07 and a 200-day moving average of $0.10. SeaStar Medical has a 52 week low of $0.01 and a 52 week high of $0.43.

SeaStar Medical Company Profile

SeaStar Medical Holding Corporation, a medical device company, develops a platform therapy to reduce the consequences of hyperinflammation on vital organs in the United States. The company offers inflammatory response to fend off infections and repair damaged tissue in the body. It is also developing products in various therapeutic areas, including pediatric and adult acute kidney injury on CRRT; cardiorenal syndrome in congestive heart failure; myocardial stunning in end stage renal disease; and hepatorenal syndrome.