Short Interest in Tivic Health Systems, Inc. (NASDAQ:TIVC) Declines By 18.4%

Tivic Health Systems, Inc. (NASDAQ:TIVC) was the target of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 188,200 shares, a decline of 18.4% from the January 15th total of 230,700 shares. Based on an average daily trading volume, of 6,740,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 2.3% of the shares of the stock are sold short.

Tivic Health Systems Stock Performance

Shares of Tivic Health Systems stock traded down $0.18 during trading on Friday, reaching $0.57. The company’s stock had a trading volume of 7,989,163 shares, compared to its average volume of 248,185. The stock has a 50-day moving average price of $0.30 and a two-hundred day moving average price of $0.31. Tivic Health Systems has a one year low of $0.20 and a one year 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.