SeaStar Medical Holding Co. (NASDAQ:ICU) Short Interest Up 17.0% in November

SeaStar Medical Holding Co. (NASDAQ:ICU) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 337,100 shares, an increase of 17.0% from the October 31st total of 288,100 shares. Approximately 8.2% of the shares of the company are sold short. Based on an average daily trading volume, of 127,300 shares, the short-interest ratio is currently 2.6 days.

SeaStar Medical Stock Performance

SeaStar Medical stock traded down $0.12 during midday trading on Monday, reaching $2.38. The company’s stock had a trading volume of 104,712 shares, compared to its average volume of 206,890. The firm has a market capitalization of $10.62 million, a PE ratio of -0.20 and a beta of -1.08. SeaStar Medical has a fifty-two week low of $1.83 and a fifty-two week high of $42.92. The stock’s 50 day simple moving average is $3.35 and its 200 day simple moving average is $5.75.

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.