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

HeartBeam, Inc. (NASDAQ:BEATW) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 2,500 shares, a drop of 28.6% from the October 31st total of 3,500 shares. Based on an average daily volume of 6,200 shares, the days-to-cover ratio is currently 0.4 days.

HeartBeam Stock Performance

HeartBeam stock traded up $0.18 during midday trading on Friday, reaching $0.95. 8,016 shares of the stock traded hands, compared to its average volume of 7,752. The company has a 50-day simple moving average of $0.68 and a two-hundred day simple moving average of $0.61. HeartBeam has a 12-month low of $0.17 and a 12-month high of $1.23.

HeartBeam Company Profile

HeartBeam, Inc, a medical technology company, primarily focuses on developing and commercializing ambulatory electrocardiogram solutions that enable the detection and monitoring of cardiac disease outside a healthcare facility setting. The company develops three-dimensional (3D)-vector electrocardiogram (ECG) platform for heart attack detection.