HeartBeam, Inc. (NASDAQ:BEATW – Get Free Report) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 6,642 shares, an increase of 98.1% from the May 14th total of 3,353 shares. Based on an average trading volume of 4,215 shares, the short-interest ratio is presently 1.6 days.
HeartBeam Trading Down 16.8%
Shares of BEATW traded down $0.01 during trading hours on Friday, hitting $0.04. The company had a trading volume of 24,104 shares, compared to its average volume of 4,929. HeartBeam has a one year low of $0.03 and a one year high of $0.56. The company’s fifty day moving average price is $0.09 and its two-hundred day moving average price is $0.15.
About HeartBeam
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.
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