Tivic Health Systems, Inc. (NASDAQ:TIVC) Short Interest Down 35.7% in December

Tivic Health Systems, Inc. (NASDAQ:TIVC) was the recipient of a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 152,300 shares, a drop of 35.7% from the November 30th total of 236,700 shares. Currently, 1.9% of the shares of the company are sold short. Based on an average daily volume of 6,750,000 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Tivic Health Systems

An institutional investor recently bought a new position in Tivic Health Systems stock. Warberg Asset Management LLC purchased a new position in shares of Tivic Health Systems, Inc. (NASDAQ:TIVC) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 80,000 shares of the company’s stock, valued at approximately $31,000. Warberg Asset Management LLC owned 1.29% of Tivic Health Systems as of its most recent SEC filing. 4.25% of the stock is currently owned by institutional investors and hedge funds.

Tivic Health Systems Stock Down 14.2 %

TIVC traded down $0.05 during trading on Friday, reaching $0.30. 1,498,432 shares of the company’s stock were exchanged, compared to its average volume of 3,251,291. The business has a 50 day moving average price of $0.28 and a 200 day moving average price of $0.32. Tivic Health Systems has a fifty-two week low of $0.20 and a fifty-two week high of $2.24.

About Tivic Health Systems

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.