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

SeaStar Medical Holding Co. (NASDAQ:ICUCW) was the recipient of a significant decline in short interest in March. As of March 13th, there was short interest totaling 26,043 shares, a decline of 17.1% from the February 26th total of 31,417 shares. Based on an average daily volume of 20,591 shares, the days-to-cover ratio is presently 1.3 days.

SeaStar Medical Stock Performance

ICUCW stock traded down $0.00 during mid-day trading on Tuesday, hitting $0.03. The stock had a trading volume of 3,710 shares, compared to its average volume of 82,641. SeaStar Medical has a 1-year low of $0.01 and a 1-year high of $0.05. The company has a fifty day moving average of $0.03 and a 200 day moving average of $0.03.

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.