HeartBeam, Inc. (NASDAQ:BEATW) Sees Large Drop in Short Interest

HeartBeam, Inc. (NASDAQ:BEATWGet Free Report) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 2,975 shares, a drop of 55.2% from the May 31st total of 6,642 shares. Based on an average trading volume of 2,838 shares, the days-to-cover ratio is presently 1.0 days.

HeartBeam Trading Up 7.7%

BEATW stock opened at $0.03 on Monday. The business has a 50-day simple moving average of $0.07 and a two-hundred day simple moving average of $0.15. HeartBeam has a 52-week low of $0.03 and a 52-week high of $0.56.

About HeartBeam

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HeartBeam, Inc is a clinical-stage medical technology company focused on transforming the diagnosis of acute cardiac events through innovative electrocardiogram (ECG) solutions. The company’s core offering leverages proprietary VectorBEAM™ technology to reconstruct a full 12-lead ECG from a compact, three-lead wearable or handheld device. By enabling rapid acquisition and secure transmission of high-fidelity ECG data, HeartBeam’s approach aims to expedite the detection of myocardial ischemia in out-of-hospital settings.

HeartBeam’s product ecosystem combines hardware, mobile applications, and cloud-based analytics.

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