Short Interest in Tivic Health Systems, Inc. (NASDAQ:TIVC) Declines By 18.4%

Tivic Health Systems, Inc. (NASDAQ:TIVC) saw a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 188,200 shares, a drop of 18.4% from the January 15th total of 230,700 shares. Based on an average trading volume of 6,740,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 2.3% of the shares of the stock are sold short.

Tivic Health Systems Stock Down 24.2 %

Shares of NASDAQ TIVC traded down $0.18 during midday trading on Friday, reaching $0.57. 7,989,163 shares of the company traded hands, compared to its average volume of 248,185. The stock’s 50-day simple moving average is $0.30 and its 200-day simple moving average is $0.31. Tivic Health Systems has a 12 month low of $0.20 and a 12 month high of $2.24.

Tivic Health Systems Company Profile

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.