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

SeaStar Medical Holding Co. (NASDAQ:ICUCW) was the target of a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 125,200 shares, an increase of 62.6% from the August 15th total of 77,000 shares. Based on an average trading volume of 142,300 shares, the short-interest ratio is currently 0.9 days.

SeaStar Medical Price Performance

Shares of ICUCW stock remained flat at $0.05 during trading hours on Friday. 1,712 shares of the stock traded hands, compared to its average volume of 147,663. SeaStar Medical has a 1-year low of $0.01 and a 1-year high of $0.43. The business’s 50-day moving average price is $0.07 and its two-hundred day moving average price is $0.09.

About SeaStar Medical

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.