Short Interest in Tivic Health Systems, Inc. (NASDAQ:TIVC) Expands By 556.6%

Tivic Health Systems, Inc. (NASDAQ:TIVC) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 1,000,000 shares, a growth of 556.6% from the December 31st total of 152,300 shares. Based on an average daily trading volume, of 6,990,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 12.1% of the company’s shares are short sold.

Tivic Health Systems Price Performance

TIVC stock traded down $0.02 during trading on Tuesday, reaching $0.24. The company had a trading volume of 203,800 shares, compared to its average volume of 506,400. The business has a 50 day moving average of $0.27 and a 200 day moving average of $0.31. Tivic Health Systems has a 52 week low of $0.20 and a 52 week high of $2.24.

Tivic Health Systems Company Profile

Tivic Health Systems Inc operates as a health tech company, focuses on developing and commercializing bioelectronic medicine. Its primary product is ClearUP, a bioelectronic medicine for the treatment of sinus and nasal inflammation. The company sells its products on direct-to-consumer channel through its own websites; and platforms, such as Amazon.com and Walmart.com, as well as to U.S.