Short Interest in SeaStar Medical Holding Co. (NASDAQ:ICU) Expands By 53.3%

SeaStar Medical Holding Co. (NASDAQ:ICU) was the target of a large growth in short interest in December. As of December 15th, there was short interest totalling 518,200 shares, a growth of 53.3% from the November 30th total of 338,100 shares. Currently, 12.1% of the company’s stock are sold short. Based on an average trading volume of 203,700 shares, the days-to-cover ratio is currently 2.5 days.

SeaStar Medical Trading Down 2.4 %

Shares of SeaStar Medical stock opened at $2.04 on Monday. The company has a fifty day moving average price of $2.52 and a 200 day moving average price of $4.89. SeaStar Medical has a twelve month low of $1.69 and a twelve month high of $42.92. The stock has a market cap of $9.10 million, a price-to-earnings ratio of -0.18 and a beta of -1.13.

SeaStar Medical Company Profile

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.