Tivic Health Systems, Inc. (NASDAQ:TIVC) Sees Large Increase in Short Interest

Tivic Health Systems, Inc. (NASDAQ:TIVC) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 3,610,000 shares, a growth of 1,818.2% from the January 31st total of 188,200 shares. Approximately 43.8% of the company’s shares are short sold. Based on an average daily trading volume, of 11,330,000 shares, the days-to-cover ratio is presently 0.3 days.

Tivic Health Systems Stock Down 9.7 %

Shares of TIVC opened at $0.36 on Friday. Tivic Health Systems has a 12 month low of $0.20 and a 12 month high of $1.85. The stock’s 50-day moving average price is $0.34 and its two-hundred day moving average price is $0.30.

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.