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

SeaStar Medical Holding Co. (NASDAQ:ICUCW) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 31,417 shares, a growth of 286.3% from the February 12th total of 8,133 shares. Based on an average daily trading volume, of 21,525 shares, the days-to-cover ratio is presently 1.5 days. Based on an average daily trading volume, of 21,525 shares, the days-to-cover ratio is presently 1.5 days.

SeaStar Medical Stock Performance

ICUCW remained flat at $0.03 during trading on Wednesday. The company’s stock had a trading volume of 21,502 shares, compared to its average volume of 91,650. The business’s fifty day simple moving average is $0.02 and its two-hundred day simple moving average is $0.03. SeaStar Medical has a 12-month low of $0.01 and a 12-month 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.