SeaStar Medical Holding Co. (NASDAQ:ICUCW) Sees Significant Decline in Short Interest

SeaStar Medical Holding Co. (NASDAQ:ICUCW) saw a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 8,133 shares, a drop of 41.9% from the January 29th total of 14,003 shares. Based on an average daily volume of 8,613 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 8,613 shares, the days-to-cover ratio is currently 0.9 days.

SeaStar Medical Price Performance

Shares of SeaStar Medical stock traded up $0.00 during trading hours on Friday, hitting $0.03. 7,993 shares of the company were exchanged, compared to its average volume of 108,847. The business has a 50-day moving average of $0.02 and a 200-day moving average of $0.03. SeaStar Medical has a 1 year low of $0.01 and a 1 year high of $0.05.

SeaStar Medical Company Profile

SeaStar Medical, Inc is a medical device company developing dynamic instrument systems that replicate human wrist motion to enhance dexterity in minimally invasive surgery. The company’s technology provides surgeons with “wristed” articulation capabilities via a mechanically actuated linkage, offering a low-profile and cost-effective alternative to traditional robotic platforms.

SeaStar’s signature instrument platform is designed to integrate with existing laparoscopic trocars, enabling a seamless transition for operating rooms accustomed to conventional laparoscopic equipment.