SeaStar Medical Holding Co. (NASDAQ:ICUCW) Sees Large Increase in Short Interest

SeaStar Medical Holding Co. (NASDAQ:ICUCW) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 17,500 shares, an increase of 503.4% from the February 28th total of 2,900 shares. Based on an average daily trading volume, of 46,400 shares, the short-interest ratio is presently 0.4 days.

SeaStar Medical Stock Performance

Shares of SeaStar Medical stock traded up $0.00 on Thursday, hitting $0.05. 116,805 shares of the company’s stock traded hands, compared to its average volume of 47,767. SeaStar Medical has a one year low of $0.01 and a one year high of $0.16. The firm’s 50-day moving average price is $0.03 and its two-hundred day moving average price is $0.03.

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.