SeaStar Medical Holding Co. (NASDAQ:ICUCW – Get Free Report) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 3,721 shares, a decrease of 44.7% from the September 15th total of 6,726 shares. Based on an average daily trading volume, of 3,588 shares, the days-to-cover ratio is currently 1.0 days.
SeaStar Medical Stock Performance
SeaStar Medical stock traded down $0.00 during mid-day trading on Thursday, hitting $0.02. 10,485 shares of the company were exchanged, compared to its average volume of 72,334. The business’s 50 day simple moving average is $0.02 and its two-hundred day simple moving average is $0.02. SeaStar Medical has a 12-month low of $0.01 and a 12-month high of $0.07.
About SeaStar Medical
SeaStar Medical Holding Corporation is a medical technology company focused on developing extracorporeal therapies that target systemic inflammation in critically ill patients. Its principal technology is the Selective Cytopheretic Device (SCD), a blood-purification device designed to selectively reduce the activity of pro-inflammatory immune cells while preserving other immune functions.
The SCD is being developed for use in intensive-care settings, including the treatment of acute kidney injury and other conditions associated with excessive inflammation.
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