Tivic Health Systems, Inc. (NASDAQ:TIVC) Sees Significant Growth in Short Interest

Tivic Health Systems, Inc. (NASDAQ:TIVC) was the target of a significant growth in short interest in 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. Currently, 12.1% of the shares of the stock are sold short. Based on an average daily volume of 6,990,000 shares, the days-to-cover ratio is currently 0.1 days.

Tivic Health Systems Trading Down 7.6 %

Tivic Health Systems stock traded down $0.02 during mid-day trading on Tuesday, hitting $0.24. 203,800 shares of the company traded hands, compared to its average volume of 506,400. The stock has a fifty day moving average price of $0.27 and a 200-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.

About Tivic Health Systems

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.