SeaStar Medical Holding Co. (NASDAQ:ICUCW) Sees Significant Increase in Short Interest

SeaStar Medical Holding Co. (NASDAQ:ICUCW) saw a large growth in short interest during the month of 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 volume of 21,525 shares, the days-to-cover ratio is currently 1.5 days. Based on an average daily volume of 21,525 shares, the days-to-cover ratio is currently 1.5 days.

SeaStar Medical Stock Down 15.5%

Shares of NASDAQ:ICUCW traded down $0.00 during trading on Thursday, hitting $0.03. 3,322 shares of the company’s stock were exchanged, compared to its average volume of 89,738. The firm has a 50-day moving average price of $0.02 and a two-hundred day moving average price of $0.03. SeaStar Medical has a 1-year low of $0.01 and a 1-year high of $0.05.

About SeaStar Medical

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.