Tivic Health Systems, Inc. (NASDAQ:TIVC) Short Interest Update

Tivic Health Systems, Inc. (NASDAQ:TIVC) was the target of a significant decrease in short interest during the month of August. As of August 15th, there was short interest totalling 67,900 shares, a decrease of 97.2% from the July 31st total of 2,400,000 shares. Based on an average daily volume of 4,850,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 1.1% of the shares of the company are short sold.

Institutional Trading of Tivic Health Systems

A hedge fund recently bought a new stake in Tivic Health Systems stock. Warberg Asset Management LLC purchased a new position in shares of Tivic Health Systems, Inc. (NASDAQ:TIVC) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 80,000 shares of the company’s stock, valued at approximately $31,000. Warberg Asset Management LLC owned about 1.29% of Tivic Health Systems as of its most recent SEC filing. Institutional investors own 4.25% of the company’s stock.

Tivic Health Systems Price Performance

Tivic Health Systems stock traded down $0.02 during midday trading on Thursday, reaching $0.31. The company’s stock had a trading volume of 36,810 shares, compared to its average volume of 2,170,391. Tivic Health Systems has a fifty-two week low of $0.28 and a fifty-two week high of $3.49. The stock’s 50 day simple moving average is $0.39 and its 200 day simple moving average is $0.76.

Tivic Health Systems Company Profile

Tivic Health Systems Inc operates as a health tech company, focuses on developing and commercializing bioelectronic medicine. Its primary product is ClearUP, a bioelectronic medicine for the treatment of sinus and nasal inflammation. The company sells its products on direct-to-consumer channel through its own websites; and platforms, such as Amazon.com and Walmart.com, as well as to U.S.