CareView Communications, Inc. (OTCMKTS:CRVW) Sees Significant Increase in Short Interest

CareView Communications, Inc. (OTCMKTS:CRVW) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 244,300 shares, a growth of 19.6% from the February 13th total of 204,200 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 300,000 shares, the short-interest ratio is currently 0.8 days.

CareView Communications Price Performance

Shares of CRVW remained flat at $0.02 during mid-day trading on Wednesday. CareView Communications has a one year low of $0.01 and a one year high of $0.07. The stock has a 50-day simple moving average of $0.03 and a two-hundred day simple moving average of $0.04.

CareView Communications Company Profile

CareView Communications, Inc provides video monitoring solutions in the United States. Its products include CareView Patient Safety System, a video monitoring tool to improve the practice of nursing, create a better work environment, and make the patient's hospital stay more satisfying, which is used in hospitals, nursing homes, adult living centers, and outpatient care facilities; and CareView Connect, which provides resident monitoring products and services for the long- term care industry; an array of wearable and stationary buttons that allow a resident to summon help either for an emergency or assistance; a mobile app capable of delivering an alert to the caregiver and allows them document information around that alert; and alert management and monitoring system that provides a suite of hardware and software to facilitate a data-driven solution for alert management and monitoring.