SeaStar Medical Holding Co. (NASDAQ:ICU) Short Interest Update

SeaStar Medical Holding Co. (NASDAQ:ICU) saw a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 518,200 shares, a growth of 53.3% from the November 30th total of 338,100 shares. Based on an average daily trading volume, of 203,700 shares, the days-to-cover ratio is currently 2.5 days. Currently, 12.1% of the company’s shares are sold short.

SeaStar Medical Price Performance

NASDAQ ICU opened at $2.04 on Monday. The company has a 50-day moving average of $2.52 and a 200-day moving average of $4.88. SeaStar Medical has a 12 month low of $1.69 and a 12 month high of $42.92. The company has a market cap of $9.10 million, a P/E ratio of -0.18 and a beta of -1.13.

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.