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

SeaStar Medical Holding Co. (NASDAQ:ICUCW) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 17,500 shares, a growth of 503.4% from the February 28th total of 2,900 shares. Based on an average daily trading volume, of 46,400 shares, the days-to-cover ratio is presently 0.4 days.

SeaStar Medical Stock Up 9.2 %

NASDAQ ICUCW traded up $0.00 on Wednesday, hitting $0.04. 56,374 shares of the company were exchanged, compared to its average volume of 46,562. SeaStar Medical has a 1-year low of $0.01 and a 1-year high of $0.16. The firm has a 50 day moving average of $0.03 and a two-hundred day moving average of $0.03.

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.