Short Interest in HeartBeam, Inc. (NASDAQ:BEATW) Grows By 240.3%
by Sarita Garza · The Markets DailyHeartBeam, Inc. (NASDAQ:BEATW – Get Free Report) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 52,831 shares, an increase of 240.3% from the July 15th total of 15,525 shares. Based on an average trading volume of 11,754 shares, the days-to-cover ratio is currently 4.5 days.
HeartBeam Price Performance
Shares of NASDAQ:BEATW traded up $0.00 on Thursday, hitting $0.02. The company had a trading volume of 3,756 shares, compared to its average volume of 6,965. The stock has a 50 day moving average price of $0.03 and a 200 day moving average price of $0.09. HeartBeam has a 1-year low of $0.01 and a 1-year high of $0.56.
HeartBeam Company Profile
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.