Tivic Health Systems, Inc. (NASDAQ:TIVC) Short Interest Up 1,005.1% in November

by · The Cerbat Gem

Tivic Health Systems, Inc. (NASDAQ:TIVC – Get Free Report) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 1,230,000 shares, a growth of 1,005.1% from the October 31st total of 111,300 shares. Currently, 20.0% of the company’s shares are sold short. Based on an average daily volume of 5,380,000 shares, the days-to-cover ratio is currently 0.2 days.

Tivic Health Systems Trading Down 3.7 %

NASDAQ TIVC traded down $0.01 on Thursday, reaching $0.25. 168,864 shares of the stock traded hands, compared to its average volume of 3,095,951. Tivic Health Systems has a 12 month low of $0.22 and a 12 month high of $3.21. The company has a fifty day moving average price of $0.28 and a 200-day moving average price of $0.35.

Institutional Trading of Tivic Health Systems

An institutional investor recently bought a new position in Tivic Health Systems stock. Warberg Asset Management LLC purchased a new stake in Tivic Health Systems, Inc. (NASDAQ:TIVC – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 80,000 shares of the company’s stock, valued at approximately $31,000. Warberg Asset Management LLC owned approximately 1.29% of Tivic Health Systems as of its most recent filing with the SEC. Institutional investors and hedge funds own 4.25% of the company’s stock.

Tivic Health Systems Company Profile

(Get Free Report)

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.

Recommended Stories