Short Interest in HeartBeam, Inc. (NASDAQ:BEATW) Expands By 98.1%

HeartBeam, Inc. (NASDAQ:BEATWGet Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 6,642 shares, a growth of 98.1% from the May 14th total of 3,353 shares. Based on an average daily volume of 4,215 shares, the short-interest ratio is currently 1.6 days.

HeartBeam Trading Down 8.4%

BEATW traded down $0.00 during trading on Tuesday, hitting $0.04. 7,000 shares of the stock were exchanged, compared to its average volume of 4,939. The firm has a 50 day simple moving average of $0.09 and a 200 day simple moving average of $0.15. HeartBeam has a 1 year low of $0.03 and a 1 year high of $0.56.

HeartBeam Company Profile

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HeartBeam, Inc is a clinical-stage medical technology company focused on transforming the diagnosis of acute cardiac events through innovative electrocardiogram (ECG) solutions. The company’s core offering leverages proprietary VectorBEAM™ technology to reconstruct a full 12-lead ECG from a compact, three-lead wearable or handheld device. By enabling rapid acquisition and secure transmission of high-fidelity ECG data, HeartBeam’s approach aims to expedite the detection of myocardial ischemia in out-of-hospital settings.

HeartBeam’s product ecosystem combines hardware, mobile applications, and cloud-based analytics.

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