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

SeaStar Medical Holding Co. (NASDAQ:ICUCW) was the target of a large increase in short interest during 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 trading volume, of 142,100 shares, the short-interest ratio is presently 0.2 days.

SeaStar Medical Price Performance

Shares of NASDAQ:ICUCW traded down $0.02 during trading on Thursday, reaching $0.07. 259,313 shares of the company’s stock traded hands, compared to its average volume of 175,402. SeaStar Medical has a 12 month low of $0.01 and a 12 month high of $0.43. The company has a 50 day moving average of $0.07 and a 200-day moving average of $0.10.

About SeaStar Medical

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.